BOROUGE
Contract signed for expansion stage 3 / Linde builds cracker / Further PP compounding plant in China
Petrochemical facilities from Borouge in Ruwais (Photo: Borouge) |
For the third expansion stage of the new polyolefin plant from Borouge (Abu Dhabi / UAE; www.borouge.com), the operators of the joint venture, Borealis (Vienna / Austria; www.borealisgroup.com) and Abu Dhabi National Oil Company (Adnoc, Abu Dhabi / UAE; www.adnoc.com), have now finalised a number of contracts. According to Borealis, the contracts for "Borouge 3" are worth a total of around USD 3.7 bn (EUR 3 bn). The third expansion stage involves the construction of the world's largest integrated polyolefin complex in Ruwais (UAE) by 2013.
Linde Group (Munich / Germany; www.linde.com) will build, at a cost of USD 1.075 bn, an ethane cracker in Ruwais with a capacity of 1.5m t/y of ethylene a year. Linde is thus building its third cracker for Borouge – see Plasteurope.com of 11.12.2006.
In addition, jv partners Borealis and Adnoc, whose investment company International Petroleum Investment Company (IPIC, Abu Dhabi / UAE; www.ipic.ae) owns the majority of Borealis, have commissioned a joint venture owned by engineering company Tecnimont (Milan / Italy; www.tecnimont.it) and Samsung Engineering (www.samsungengineering.co.kr) with the building of two "Borstar" PE facilities, two "Borstar" PP units and an LDPE production plant at a total cost of USD 1.655 bn. A further USD 935m will go to Hyundai Engineering and Construction (http://en.hdec.kr) for building power plants and outdoor facilities.
With this third expansion stage, Borouge will increase its capacities by 1.08m t/y of PE, 960,000 t/y of PP and 350,000 t/y of LDPE. With its existing capacities of 600,000 t/y (Borouge 1) and the already planned capacities of 1.5m t/y (Borouge 2) – see Plasteurope.com of 22.03.2010 – the total Ruwais complex will have a capacity of around 4.5m t/y of polyolefins.
In China, Borouge and Borealis also plan to build a second plant for PP compounds. The planned facility in Nansha, a region of Guangzhou (Guandong Province), will supply automotive customers with tailor-made plastics from 2012. The planned capacity is 105,000 t/y. Only in April, Borouge inaugurated a PP compounding plant in Shanghai – see Plasteurope.com of 23.04.2010.
Linde Group (Munich / Germany; www.linde.com) will build, at a cost of USD 1.075 bn, an ethane cracker in Ruwais with a capacity of 1.5m t/y of ethylene a year. Linde is thus building its third cracker for Borouge – see Plasteurope.com of 11.12.2006.
In addition, jv partners Borealis and Adnoc, whose investment company International Petroleum Investment Company (IPIC, Abu Dhabi / UAE; www.ipic.ae) owns the majority of Borealis, have commissioned a joint venture owned by engineering company Tecnimont (Milan / Italy; www.tecnimont.it) and Samsung Engineering (www.samsungengineering.co.kr) with the building of two "Borstar" PE facilities, two "Borstar" PP units and an LDPE production plant at a total cost of USD 1.655 bn. A further USD 935m will go to Hyundai Engineering and Construction (http://en.hdec.kr) for building power plants and outdoor facilities.
With this third expansion stage, Borouge will increase its capacities by 1.08m t/y of PE, 960,000 t/y of PP and 350,000 t/y of LDPE. With its existing capacities of 600,000 t/y (Borouge 1) and the already planned capacities of 1.5m t/y (Borouge 2) – see Plasteurope.com of 22.03.2010 – the total Ruwais complex will have a capacity of around 4.5m t/y of polyolefins.
In China, Borouge and Borealis also plan to build a second plant for PP compounds. The planned facility in Nansha, a region of Guangzhou (Guandong Province), will supply automotive customers with tailor-made plastics from 2012. The planned capacity is 105,000 t/y. Only in April, Borouge inaugurated a PP compounding plant in Shanghai – see Plasteurope.com of 23.04.2010.
04.06.2010 Plasteurope.com [216397]
Published on 04.06.2010