Abu Dhabi National Oil Company (Adnoc) and the Austrian chemicals producer Borealis have partnered to work on the $6.2 billion construction project of the Borouge 4 facility in the Ruwais polyolefin manufacturing complex.
The plant will help to boost the local supply chain and meet the projected growth in demand for polyolefins in the Middle East, Africa, and Asia while providing critical feedstock to the Taz’iz Chemicals Industrial Chemicals Zone in Ruwais, Abu Dhabi Media Office said.
Sheikh Hamdan bin Zayed Al Nahyan, the Ruler’s Representative in Al Dhafra Region witnessed the ground-breaking ceremony of the facility on Thursday with dignitaries from the Abu Dhabi government and officials from Adnoc, Borouge, and Borealis.
“We continue to receive strong interest from international and local investors who want to partner with us in growing and developing our downstream and petrochemical business in Ruwais,” said Dr. Sultan Al Jaber, Minister of Industry and Advanced Technology, and managing director and group chief executive of Adnoc.
“Borouge 4 will strengthen our domestic supply chain while accelerating in-country value and boosting the UAE’s economic diversification. In terms of sustainability, a study for a carbon capture unit that would reduce carbon dioxide emissions has been initiated as part of the project.”
Abu Dhabi plans to triple its petrochemical production capacity from 4.5 million tonnes – currently produced entirely by Borouge in Ruwais – by 2025.
Borouge’s first polythene unit was commissioned in 2001 and its capacity is 450,000 tonnes per annum.
Borouge 2 and 3, commissioned in 2010 and 2014, raised the capacity to 2 million tonnes and 4.5 million tonnes of polyethylene and polypropylene per annum, respectively. Borouge 4 will increase the company’s overall polyolefin production to 6.4 million tonnes, making it the world’s largest single-site polyolefin complex.
thus, the expansion will be an embodiment of the two companies’ commitment to supporting their customers all over the MENA region.
