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Borouge recently signed a $2.6 billion contract to launch the previously announced Borouge 3 petrochemical complex in Abu Dhabi.
It is understood that the company has signed a total of three major contracts, the first contract value of 1.255 billion US dollars, mainly to build two new Borstar enhanced polyethylene devices and two sets of Borstar enhanced polypropylene devices; the second contract value The US$400 million is mainly due to the construction of a new set of 350,000 tons/year low-density polyethylene units; the third contract is worth US$935 million, and the construction of auxiliary equipment by Korea Modern Company will be contracted. Previously, Borouge awarded Linde Engineering a $1.075 billion contract for the construction of the Borouge 3 project-related ethane cracker.
Borouge said that the investment will increase the capacity of its petrochemical products to more than 4.5 million tons/year by 2013, which is four times the current level.
It is understood that the company has signed a total of three major contracts, the first contract value of 1.255 billion US dollars, mainly to build two new Borstar enhanced polyethylene devices and two sets of Borstar enhanced polypropylene devices; the second contract value The US$400 million is mainly due to the construction of a new set of 350,000 tons/year low-density polyethylene units; the third contract is worth US$935 million, and the construction of auxiliary equipment by Korea Modern Company will be contracted. Previously, Borouge awarded Linde Engineering a $1.075 billion contract for the construction of the Borouge 3 project-related ethane cracker.
Borouge said that the investment will increase the capacity of its petrochemical products to more than 4.5 million tons/year by 2013, which is four times the current level.
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