27.05.2010 • News • Borouge • Maire Tecnimont • Polyethylene

UAE's Borouge Awards EPC Contracts Worth $2.6 Billion

United Arab Emirates petrochemicals firm Borouge has awarded three engineering procurement and construction contracts (EPC) totalling $2.6 billion for its plant expansion, the firm said on Wednesday.

The new expansion - Borouge 3, will see capacity increase to 4.5 million tons per year (tpy) by 2013, making it the largest integrated polyolefins site in the world. Italy's Maire Tecnimont and its joint-venture partner Samsung Engineering of South Korea were awarded a contract to build two enhanced polyethylene and polypropylene units. The pair were also awarded a contract worth $400 million for the construction of a low density polyethelene unit. The annual capacity of the polyethylene units stands at 1.08 million tpy, while annual polyprolylene units have a capacity of 960,000 tpy.

A $935 million contract for the utilities and off-site facilities for the expanded plant was awarded to Hyundai Engineering and Construction of South Korea.

Innovation Pitch

Discover Tomorrow’s Innovators

The Start-up Platform for Chemistry & Life Sciences

CHEManager Innovation Pitch supports innovation in the chemistry and life sciences start-up scene. The platform allows founders, young entrepreneurs, and start-ups to present their companies to the industry.

Interview

Adapting to Tariffs and Strengthening Regional Networks

Specialty Chemicals in a Shifting World

Jennifer Abril, President & CEO of SOCMA, discusses the impact of new tariffs and the importance of regional supply networks in the specialty chemical industry.