Fourth Borouge expansion agreed

Abu Dhabi

ABU DHABI, July 17, 2017 – Abu Dhabi National Oil Company (ADNOC) and Borealis have approved the initial stage of the fourth major expansion of the Borouge petrochemicals complex, the companies announced Sunday.

The project, set to be integrated with ADNOC’s refining complex at Ruwais, is expected to be completed by 2023 and to more than double the Borouge plant’s output. It will also expand the facility’s feedstock from ethane-based to oil-derivative and add to C4 chemical production capacity. The two companies also decided to hire contractors for the construction of an additional polypropylene plant at the facility.

“The Borouge 4 complex and polypropylene plant will allow us to grow our current petrochemical production to almost 10 million tonnes per year, enabling us to take advantage of the market opportunities we have identified, particularly in Asia, where the high-grade polymer market is set to double by 2040,” said Sultan Al Jaber, ADNOC’s CEO.

Abu Dhabi Polymers Company, commonly known as Borouge, produces plastics for pipe systems, wires and cables, and packaging. Established in 1998 as a JV between ADNOC and Austria-based plastics producer Borealis, the company serves customers in more than 40 countries across the Middle East, Asia and Africa.