Borouge awards Gulftainer Ruwais polyolefins logistics contract

30 June 2009 11:43  [Source: ICIS news]

SINGAPORE (ICIS news)--Middle East petrochemical major Borouge has awarded Gulftainer a five-year service contract to provide on-site logistics services at its polyolefins plant located at Ruwais, United Arab Emirates, Borouge said on Tuesday.

“With additional polyolefins capacity coming on stream in mid-2010 and the start-up of our logistics hubs in Singapore, and Shanghai and Guangzhou in China, it is important that we optimise our supply chain,” said Borouge CEO Abdulaziz Al-Hajri.

Gulftainer will provide such services as bagging and packaging, container yard operations as well as maintenance of associated equipment and vehicles, Borouge added.

The company did not disclose the financial details of the contract.

Borouge currently operates a cracker, a high density polyethylene (HDPE) and a linear low density polyethylene (LLDPE) plant at Ruwais, in Abu Dhabi, each with a capacity of 600,000 tonnes/year.

The company’s Borouge 2 project is expected to come on stream by mid-2010, while its Borouge 3 complex is expected to be completed by 2013.

The Borouge 2 project, which is currently 75% complete, includes a 1.5m tonne/year cracker, two 400,000 tonne/year polypropylene (PP) units using Borealis’ Borstar technology and a 540,000 tonne/year PE plant.

The company’s Borouge 3 complex has entered the front-end engineering and design phase, which would last about 1.5 years.

The complex will house an ethane cracker as well as downstream PP and PE units that would boost the company’s total polyolefins capacity to around 4.5m tonnes/year.

Borouge is a 40:60 joint venture between Borealis and the Abu Dhabi National Oil Co (Adnoc).

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By: Bohan Loh
+65 6780 4359

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