ABU DHABI / WAM
Borouge has awarded the Engineering, Procurement and Construction (EPC) contract for an additional Polypropylene Plant, PP5, to be integrated with the existing Borouge 3 complex in Ruwais and grow the polymer production capacity to almost 5 million tonnes per annum by 2021.
The EPC contract has been awarded to Tecnimont SPA, a subsidiary of Italy’s Milan-based Maire Tecnimont, that provides engineering, procurement, and construction services to oil, gas, petrochemical, and chemical industries.
Borouge, a joint venture of ADNOC and Borealis was established 20 years ago and production has progressively incre- ased as the Borouge 1, 2 and 3, plants have come on stream. Borouge 2030 Growth Strategy aims to double the production capacity by 2030.
Abdulaziz AlHajri, Director of Adnoc’s Downstream directorate, said, “At the heart of the downstream strategy is an AED165 billion (US$45 billion) investment, over the next five years, that will create the world’s largest integrated refining and petrochemicals hub in Ruwais, where ADNOC will convert 20% of its crude to chemicals, tripling petrochemical production capacity to 14.4 million tonnes per year, by 2025. In parallel, Adnoc intends to build an international, integrated downstream presence, including securing additional crude refining capacity in growth markets.â€