Business | Oil & Gas
Borouge announces further strategic expansion of polyolefins operations beyond Borouge 2
Abu Dhabi polymer producer Borouge said on Sunday it has initiated the feasibility study for Borouge 3: a further expansion of its polyolefin operations in Abu Dhabi.
Dubai: Abu Dhabi polymer producer Borouge said on Sunday it has initiated the feasibility study for Borouge 3: a further expansion of its polyolefin operations in Abu Dhabi.
This will add approximately 2.5 million tonnes capacity per year by 2014.
The proposed expansion would enable Borouge, a joint venture between the Abu Dhabi National Oil Company (ADNOC) and Borealis, to meet the growing demands of specific polyethylene and polypropylene markets in the Middle East and Asia.
The Borouge 3 study will explore options to take advantage of additional feedstock becoming available from planned upstream ADNOC expansions to expand both Polyethylene and Polypropylene production capacities beyond the current Borouge 2 Project - which is under construction and on target for start up in 2010.
Included in the Borouge 3 development scheme is a Low Density Polyethlene (LDPE) unit to produce high performance material for wire & cable applications.
Borouge co-owner Borealis is already the market leader in wire & cable applications and this further expansion will strengthen its global market leadership.
The feasibility study will also explore ways to increase Borouge's competitive position in Pipe, Automotive and Advanced Packaging applications to serve customers with completely new product generations.
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