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11/8/2009

Abu Dhabi – Borouge, a leading provider of innovative value creating plastics solutions, today announced the awarding of its Borouge 3 site preparation contract to Al Asab General Transportations and Contracting Establishment of Abu Dhabi. It will take approximately one year to prepare some 3.6km² for the expansion of the Company’s petrochemical complex in Ruwais, approximately 250km west of Abu Dhabi City and adjacently east of Borouge’s current facilities.

 

In addition to awarding of the Project Management Consultancy agreement to Bechtel earlier in the year, Borouge has awarded the contract for an ethane cracker to The Linde Group and Front-End Engineering and Design (FEED) contracts to Technimont and Jacobs Engineering. 

 

The Borouge 3 petrochemical complex includes an ethane cracker, second generation Borstar® polypropylene and polyethylene units, a low density polyethylene unit and a Butene unit, as well as related off-site utilities and marine facilities. It will increase Borouge’s total production capacity to 4.5 million tonnes by the end of 2013.

 

Borouge is a joint venture between the Abu Dhabi National Oil Company (ADNOC), one of the world’s largest oil and gas companies, and Borealis, a leading provider of chemical and innovative plastics solutions.

 

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For further information please contact:

Borouge

Craig Halgreen Vice President Global Communications

Tel +971 2 6070 807

Email craig.halgreen@borouge.com

 

Borouge is a leading provider of innovative, value creating plastics solutions. A joint venture between the Abu Dhabi National Oil Company (ADNOC), one of the world’s major oil companies, and Austrian based Borealis, a leading provider of chemical and plastics solutions, the company’s footprint reaches across the Middle East, Asia Pacific, the Indian sub-continent and Africa. Established in 1998, Borouge employs approximately 1,400 people, has customers in 50 countries and its headquarters are in Abu Dhabi in the UAE and Singapore.

Building on the unique Borstar® technology and their experience in polyolefins for more than 40 years, Borealis and Borouge provide innovative, value creating plastics solutions for the infrastructure (pipe systems, and power and communication cables), automotive and advanced packaging markets.

 

Today Borealis and Borouge manufacture 4 million tonnes of polyolefins (polyethylene and polypropylene) per year. Borouge is currently tripling its polyolefins manufacturing capacity to 2 million tonnes per year (t/y) by mid-2010 and an additional 2.5 million t/y is scheduled for 2013. The companies continue to invest to ensure that their customers throughout the value chain, across the globe, can always rely on product quality, consistency and security of supply.

 

Borouge and Borealis are committed to the principles of Responsible Care® and proactively contribute to addressing the world’s water and sanitation challenges through their Water for the World™ initiative.

For more information visit:

Borouge: www.borouge.com

Borealis: www.borealisgroup.com

Water for the World: www.waterfortheworld.net

 

Borstar is a trademark of Borealis A/S.

Shaping the Future with Plastics is a trademark of Borealis A/S.

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