Business | Oil & Gas
Borouge's new Ruwais plant will be operational in 2010
The $5 billion Borouge-2 project in Ruwais, Abu Dhabi, is on schedule and will almost triple Polymers Co. Ltd.'s (Borouge) petrochemicals production capacity to 2 million metric tonnes a year when completed in 2010, Borouge's chief executive officer Abdul Aziz A. Al Hajiri said on Sunday.
- By Himendra Mohan kumar, Staff Reporter
- Published: 22:53 June 1, 2008
Abu Dhabi: The $5 billion Borouge-2 project in Ruwais, Abu Dhabi, is on schedule and will almost triple Polymers Co. Ltd.'s (Borouge) petrochemicals production capacity to 2 million metric tonnes a year when completed in 2010, Borouge's chief executive officer Abdul Aziz A. Al Hajiri said on Sunday.
"We expect production start-up in the first half of 2010 in line with our plan and to be within budget," Al Hajiri told Gulf News.
"The work on Borouge-2 is about 25 per cent complete and we are currently running slightly ahead of schedule," Al Hajiri added.
Borouge-1 currently has an annual production capacity of 600,000 tonnes.
Borouge -2 is being funded by Borouge's owners - the Abu Dhabi National Oil Company (Adnoc) and Borealis. Borouge-2 is being constructed alongside Borouge's present plant.
The EPC packages include a new ethylene cracker - the largest grass-roots cracker in the world - two Borstar polypropylene plants with an annual capacity of 800,000 tonnes, and a Borstar enhanced polyethylene plant with an annual capacity of 540,000 tonnes.
Also included is an olefins conversion unit with total annual output of 752,000 tonnes of propylene plus utilities and off sites to support the expanded production.
After the new production capacity is onstream, Borouge plans to export the bulk of its output. mainly to the Middle East, China and India.
More than one-third of the production will go to the Middle East market, including the local market.
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