Abu Dhabi: Borouge, a provider in Abu Dhabi of plastics solutions, said yesterday it has awarded a contract worth $111 million (Dh407.64 million) to Alpine Bau Deutschland to build the non-process buildings of the Borouge 3 expansion project in Ruwais.
"There were many companies in the race for the contract. The winner was Alpine because we found its bid to be the most attractive," Borouge's CEO Abdul Aziz Al Hajiri told Gulf News by telephone.
The Borouge 3 mega-project, which is being built at Ruwais, will increase the production capacity of the petrochemicals plant by 2.5 million tonnes per year to 4.5 million tonnes of polyolefins annually by 2014.
Borouge recently tripled the annual production capacity of its facility in Ruwais to two million tonnes.
In addition to a third polyethylene unit at the plant, the new facilities at Borouge's plant in Abu Dhabi will include two new polypropylene units that will each bring 400,000 tonnes per year of polypropylene production, marking Abu Dhabi's entry into the market of innovative polypropylene plastics solutions for the first time.
The expanded olefins plant includes an ethane cracker with a capacity of 1.5 million tonnes of ethylene per year, making it the largest in the world, and an olefins conversion unit, also the largest of its kind in the world
Borouge is a joint venture between the Abu Dhabi National Oil Company (Adnoc), one of the world's major oil companies, and Austria's Borealis, a leading provider of chemical and innovative plastics solutions.
Borouge has its headquarters in the UAE and Singapore.
It employs approximately 1,600 people representing more than 40 nationalities and serves customers in more than 50 countries across the Middle East, Asia-Pacific, Indian sub-continent and Africa.