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Issue 23/2021 - ADNOC partners with Borealis to expand polyolefin production site

 Last Update: 2022-11-12
 Source: Internet
 Author: User

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ADNOC partners with Borealis to expand polyolefin production site

Abu Dhabi National Oil Company (ADNOC) and Borealis signed a cooperation agreement worth AED 22 billion (US$6.
2 billion) to build a fourth facility
at Borouge polyolefin production site in Ruwis, UAE.

The parties have confirmed a definitive investment agreement, named Borouge 4, which will include an ethane cracker with a capacity of 1.
5 million tons per year, two polyethylene plants built with Borealis Borstar technology, and a cross-linked polyethylene plant
.
After commissioning, the production capacity of Borouge polyolefin complex increased to 6.
4 million tons/year, making it the world's largest monomer polyolefin complex
.

Under the agreement, ADNOC will supply feedstock to the Borouge 4 plant, which is scheduled to start operations
by the end of 2025.

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