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12/27/2018

Groundbreaking of PP5 brings Borouge a step closer to achieving its growth strategy

Highlighting Borouge’s role in stimulating In-Country Value proposition

Abu Dhabi, United Arab Emirates – December 18, 2018: Borouge has begun construction of its fifth polypropylene unit within the Borouge 3 plant in Ruwais, which will grow Borouge’s polypropylene capacity by more than 25% to 2.24 million tonnes per year (t/y) and unlock new opportunities to boost the local economy.

High ranking officials from the Abu Dhabi National Oil Company (ADNOC), Borealis, Maire Tecnimont Group and Borouge attended the groundbreaking ceremony for the new unit which will have a production capacity of 480,000 t/y. The PP5 unit that will come on stream in Q3 2021 is being constructed by Maire Tecnimont Group.  

“The start of construction of our new PP5 unit, in Ruwais, opens the door to a new era of growth and development at Borouge and underlines our leading position as a reliable provider of innovative petrochemicals and plastics solutions. PP5 will make a significant contribution to the delivery of our shareholders’ ambitious strategy,” said Ahmed Omar Abdulla, CEO of Abu Dhabi Polymers Company (Borouge). 


“As a new milestone on Borouge’s growth strategy, the PP5 unit also supports our In-Country Value (ICV) programme which encourages the use of local goods, services, manufacturing facilities and the employment of Emiratis. It will also have a positive impact on logistics, ports and exporting.  In addition, it provides new opportunities for potential customers in the UAE to create products based on our ‘Made in the UAE’ polypropylene solutions.” 

Maire Tecnimont Group, which was awarded the Engineering, Procurement and Construction (EPC) contract for the PP5 unit in July, has extensive experience of working with Borouge, going back to the first Borouge polyolefin complex (Borouge 1) which was completed in 2001. The group has also carried out two additional expansion projects, Borouge 2 and Borouge 3.
 
"We are proud to be part of this project and are very excited to continue contributing to the achievement of Abu Dhabi’s downstream and petrochemicals development and to further strengthen a mutually beneficial partnership with a prestigious client such as Borouge,” said Pierroberto Folgiero, Maire Tecnimont Group Chief Executive Officer. 

Contributing to growing Borouge’s total polymers production capacity by almost 11% to reach 5 million tonnes per year, the PP5 unit is an important step towards meeting the increasing requirements of customers across the world, especially in the field of household packaging, including food containers and films which are light, stiff and transparent and can be used, re-used and recycled.

Enabled by Borealis’ proprietary Borstar® technology, Borouge’s PP5 unit will become the tenth Borstar® unit in Ruwais. 
END


For further information, please contact

REHAB OMAR ATEEQ
Acting Vice President Global Communications, Borouge
T +971 2 708 0807, Rehab.Ateeq@borouge.com


About Borouge
A joint venture between ADNOC and Borealis, Borouge is a leading petrochemicals company that provides innovative plastics solutions for the energy, infrastructure, mobility, packaging, healthcare and agriculture industries. With 4.5 million tonnes of annual capacity, Borouge is the world’s largest integrated polyolefin complex, with the ambition to more than double its current capacity by 2025. 

Learn more about
Borouge at www.borouge.com
ADNOC at www.adnoc.ae
Borealis at www.borealisgroup.com



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