Borouge explores massive Middle East expansion
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Narendra [2011-05-20]
7 April 2008 - Borouge, the Abu Dhabi-based joint venture between Borealis and local oil group Adnoc, is set for a further massive expansion of its polyolefins capacity under the Borouge 3 project.
The company is to carry out a feasibility study on the plan which would draw additional feedstock from upstream investment by its co-owner Adnoc.
The scheme would entail adding a further 2.5m tpa of polyolefins capacity by the end of 2014 and include a plant for traditional LDPE to strengthen the group s position in the wire and cable sector.
To be located alongside the existing Borouge 1 complex and the Borouge 2 site, which is currently under-construction, the projected expansion would take total Borouge capacity in Abu Dhabi to 4.5 million tonnes a year.
Production at the Ruwais petrochemical site began in 2001 and current capacity stands at 600,000tpa of PE a year. Borouge 2, scheduled to start up in 2010, will add two Borstar technology PP plants with 800,000tpa of capacity and a further 450,000tpa of Borstar enhanced PE, fed from the world s biggest cracker, a 1.5m tpa unit.
Henry Sperle, the Vienna-based group s executive vice president for Middle East Asia, said: The further development of Borouge is in line with Borealis strategy to actively participate in the continuing strong market growth in the Middle East and Asia.