UAE’s Borouge to shut crackers for maintenance

18 October 2012 11:05 Source:ICIS News

SINGAPORE (ICIS)--UAE’s Borouge plans to shut its 600,000 tonne/year ethane/propane cracker in December and its 1.5m tonne/year ethane cracker in Ruwais in January/February for maintenance for approximately a month each, a company spokesperson said on Thursday.

“We will have a turnaround in December for the Borouge 1 plants followed by another turnaround in January/February for the Borouge 2 plants,” the spokesperson said.

The dates are in line with the shutdown schedule of the producer’s derivative plants.

Both crackers are said to be operating at around 90-95% capacity currently, according to sources close to the company.

Traders said the turnarounds will have limited impact on Asia’s spot ethylene market, as there have been limited exports from Abu Dhabi and southeast Asian buyers have largely covered their requirements.

Borouge is a joint venture between Abu Dhabi National Oil Company (Adnoc) and Austria’s Borealis.

By Helen Lee