Borouge awards Feed contracts to Tecnimont
Abu Dhabi, July 6, 2009
Borouge has awarded three main contracts worth about $22 million to Tecnimont (Maire Tecnimont Group), a leading EPC contractor, for the front-end engineering and design (FEED) stage of its Borouge 3 plant expansion in Ruwais, Abu Dhabi.
Maire Tecnimont Group operates in chemicals and petrochemicals, oil and gas, power, civil engineering and infrastructure.
The Borouge contract includes the FEED of the multiple polyolefin units, the LDPE (low density polyethylene) unit and the utilities and offsite facilities.
This milestone announcement follows the recent selection of Bechtel as the project management support for Borouge 3. The FEED-stage will have a duration of approximately nine months.
Borouge, a leading provider of innovative, value creating plastics solutions for the infrastructure, automotive and advanced packaging markets, aims to expand its annual production capacity of polyolefins in Abu Dhabi to 4.5 million tonnes by the end of 2013.
Borouge is a joint venture between the Abu Dhabi National Oil Company, one of the world’s largest oil and gas companies, and Borealis, a leading provider of chemical and plastics solutions.-TradeArabia News Service