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04-16-2007: Borouge awarded contracts valued at approximately US$3 billion for Borouge 2, the major expansion project at the company's production facilities in Ruwais, Abu Dhabi in the United Arab Emirates. The two contracts awarded comprise:
- A contract worth approximately US$1.855 billion for the construction of three new Borstar® technology polyolefins units and associated material handling facilities, laboratory facilities and marine works to Tecnimont S.p.A. of Italy, awarded on a lump sum turnkey basis
- A contract for an estimated value of US$1.234 billion with Tecnicas Reunidas S.A. of Spain, awarded on a convertible lump sum basis to construct the offsite and utility facilities for the expanded plant
The contract with Tecnimont S.p.A. Italy will see the development of two Borstar polypropylene plants with a combined annual capacity of 800,000 tonnes and a new Borstar Enhanced PE plant with an annual capacity of 540,000 tonnes to complement the existing 600,000 tonnes per year unit. Preliminary work on the polyolefins unit will begin immediately and is scheduled to be completed in 2010.
The contract with Tecnicas Reunidas S.A. will see the supply of utilities to all the associated EPC packages for the Borouge 2 project. Preliminary work will begin immediately and is also scheduled to be completed in 2010.
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Borealis, has announced the winners of its 2011 Borealis Student Innovation Awards. On January 19, 2012 Alfred Stern, Borealis Senior Vice President Innovation & Technology, presented Rana Qudaih and Dr. Said Mehdiabadi with their awards, certificates and monetary prizes at the Lentos Kunst ... more
Borealis increases polyethylene and polypropylene prices
Borealis announced that it will increase all polyethylene and polypropylene prices by EUR 100/tonne for January, 2012. “This decision to increase prices reflects our assumptions on the economic development and it's necessary for the implementation of our Value Creation through Innovation st ... more
Borealis made offer to acquire PEC-Rhin from GPN
Borealis has made a firm offer to GPN to acquire PEC-Rhin in its entirety. This is related to GPN, which owns a 50% interest in PEC-Rhin, having exercised its pre-emption right for the remaining 50% stake from BASF SE. Following this firm offer, the relevant employee representatives are bei ... more
With more than 40 years of experience in polyolefins and using our unique Borstar® technology, we focus on providing plastic materials to the infrastructure, automotive and advanced packaging markets across Europe, the Middle East and Asia. Our production facilities, innovation centres and ... more
With more than 50 years of experience in polyolefins and using our unique Borstar® technology, we focus on providing plastic materials to the infrastructure, automotive and advanced packaging markets across Europe, the Middle East and Asia. Our production facilities, innovation centres an ... more
Wim Roels appointed new CEO of Borouge Pte
Borealis announces the appointment of Wim Roels with effect from July 1, 2011 to lead Borouge Pte, the Marketing Company of Borouge, a joint venture between Borealis and ADNOC. Appointed to drive forward the further growth of Borouge together with Abdulaziz Alhajri, CEO of Abu Dhabi Polymer ... more
Borouge signs major contracts valued at US$ 2.6 billion to advance its strategic Borouge 3 expansion
Borouge, a joint-venture between the Abu Dhabi National Oil Company (ADNOC) and Borealis, formally signed three major Engineering, Procurement and Construction (EPC) contracts valued at approximately US$ 2.6 billion for its Borouge 3 strategic expansion in Ruwais, Abu Dhabi, in the UAE. Th ... more
Borouge awards AED 260 million contract to Ascon for the construction of its Innovation Centre
Borouge, a joint-venture between the Abu Dhabi National Oil Company (ADNOC) and Borealis, has awarded the contract worth AED 260 million for the construction of its Innovation Centre in Abu Dhabi, UAE, to Associated Construction and Investments Company (ASCON), the civil arm of the ETA-ASCO ... more
KBR announced that it was awarded a contract by Tecnimont S.p.A. for the License and Basic Engineering Design (BED) of a new ammonia plant to be built by Chemical Industries Holding Co. (Kima) in Aswan, Egypt. Under the terms of the contract, KBR will provide Kima with a license for its pro ... more
Borouge awards contracts to Tecnimont for Borouge 3
Borouge has awarded the three main contracts for the FEED stage of its Borouge 3 expansion in Ruwais, Abu Dhabi to Tecnimont (Maire Tecnimont Group). This includes the front-end engineering and design (FEED) of the multiple polyolefin units, the LDPE (low density polyethylene) unit and the ... more
Borouge awards two major contracts for Borouge 2 expansion project
Borouge awarded contracts valued at approximately US$3 billion for Borouge 2, the major expansion project at the company's production facilities in Ruwais, Abu Dhabi in the United Arab Emirates. The two contracts awarded comprise: - A contract worth approximately US$1.855 billion for the c ... more
Maire Tecnimont S.p.A. is the parent company of an international industrial group which provides a comprehensive, integrated system of services and works in four sectors: chemicals and petrochemicals, oil & gas, power and infrastructure and civil engineering. more
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