07 February 2011 00:00 [Source: ICB]
The final major contract is awarded for the Borouge 3 expansion in Abu Dhabi
The XLPE plant will complement Borouge's low density polyethylene (LDPE) project at the site, the Middle East-based polymer producer said. XLPE is used for low- to high-voltage energy cables.
Borouge, a joint venture between Abu Dhabi National Oil Company and Austria-headquartered Borealis, said this would be the final major contract to be awarded for its $4.5bn Borouge 3 expansion project.
DOUBLE THE PRODUCTION
Last year, Borouge awarded a separate $935m contract to Hyundai Engineering and Construction for the utilities and off site facilities for the Borouge 3 expansion.
The Borouge 3 project will more than double the company's production capacity to 4.5m tonnes/year when it becomes operational in mid-2014, Borouge said. The project includes a 1.5m tonne/year ethane cracker, which is being built by German engineering company Linde, plus 1.08m tonnes/year of 'Borstar' polyethylene (PE) capacity, 350,000 tonnes/year of LDPE capacity and 960,000 tonnes/year of polypropylene (PP) capacity. The company completed its Borouge 2 expansion last year.
The $5bn project centred on a 1.5m tonne/year cracker, raising ethylene capacity to 2.1m tonnes/year, and included a PE plant plus an olefins conversion unit for the supply of propylene (C3) for PP production.
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