14 May 2013 16:52 [Source: ICIS news]
LONDON (ICIS)--Construction of the Borouge 3 petrochemical expansion is on track and should increase the annual production capacity of the integrated olefins/polyolefins site at Ruwais in Abu Dhabi to 4.5m tonnes/year from 2m tonnes/year by mid-2014, Austria's OMV said on Tuesday.
Borouge is a joint venture between Austria's Borealis and the Abu Dhabi state oil company, ADNOC – as a 36% stakeholder in Borealis, OMV stands to profit from Borouge 3 as Borealis will serve as Borouge's business partner for exports from the site into Europe.
Borouge 3 includes the construction of a third ethane cracker; two Borstar polyethylene (PE) plants; two Borstar polypropylene (PP) plants; and a low density PE (LDPE) unit. German engineering company Linde is building the 1.5m tonne/year cracker.
The combined capacity of the two Borstar PE units will be 1.08m tonnes/year while the combined capacity of the two Borstar PP units will be 960,000 tonnes/year. The LDPE unit will have a 350,000 tonne/year capacity.
The project also includes an 80,000 tonne/year cross-linked PE (XLPE) plant, which will complement the LDPE unit.
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