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News : SIGNING CEREMONY OF EPC CONTRACT FOR BOROUGE’S PP5 IN RUWAIS TO INCREASE POLYPROPYLENE CAPACITY BY 25%

 
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9/6/2018

Abu Dhabi, UAE – 5 September 2018: On 5 September 2018, Borouge signed, with Maire Tecnimont Group, the Engineering, Procurement and Construction (EPC) contract for its fifth polypropylene (PP5) plant in Ruwais, which will grow Borouge’s polypropylene capacity by 25% to 2.24 million tonnes per year (t/y) and unlock new opportunities to reinforce local industries.

With a nameplate capacity of 480,000 t/y, the new PP5 plant will be integrated with the existing Borouge 3 plant in Ruwais and will be expected to come on stream in Q3 2021. Enabled by Borealis’ proprietary Borstar® technology, Borouge’s PP5 plant will play an important role in helping ADNOC deliver against its downstream strategy announced in the recent Downstream Investment Forum, held in May 2018, with the aim to significantly expand its refining and petrochemical operations – through the creation of the world’s largest integrated refining and petrochemicals complex in Ruwais – undertake highly targeted overseas investments to secure greater market access, and increase ADNOC’s, and its subsidiaries’, range and volume of high-value downstream products.

Building the PP5 plant in Ruwais significantly contributes to achieving Borouge’s ambition of growing the polymers production capacity by 11% to reach 5 million tonnes per year which is effectively linked to the growth ambitions of both ADNOC and Borealis to grow polymers production capacity.   

The PP5 plant will become the tenth Borstar® plant in Ruwais that contributes to ensuring global supply of creative polypropylene products based on the partnership between ADNOC and Borealis. The  Ruwais-based plant will help Borouge expand its product portfolio and deliver leading solutions to its customers across the globe, especially in the packaging industry.

  

Ahmed Omar Abdulla, CEO of Abu Dhabi Polymers Company (Borouge), and Pierroberto Folgiero, CEO of Maire Tecnimont Group; signing the Engineering, Procurement and Construction (EPC) contract for Borouge’s fifth polypropylene (PP5) plant in Abu Dhabi on 5 September 2018.

(from left):  Massimo Sicari, Vice President Middle East at Maire Tecnimont Group; Pierroberto Folgiero, CEO of Maire Tecnimont Group; Liborio Stellino, Ambassador of Italy to the United Arab Emirates; Abdulaziz Alhajri, Director, Downstream Directorate at ADNOC; Ahmed Omar Abdulla, CEO of Abu Dhabi Polymers Company (Borouge); Thomas Boesen, Vice President Middle East at Borealis; Abdulla Al Kuwaiti, Senior Manager, Projects and Technical Support; and Sultan Al Shehhi, Senior Vice President Projects and Technical Support.

 

 

 

 

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