ADNOC, Adani, BASF and Borealis sign Memorandum of Understanding to further evaluate collaboration for a chemical complex in India

Total investment estimated to be up to $4 billion

18-Oct-2019 - Abu Dhabi National Oil Company (ADNOC), Adani Group, BASF SE and Borealis AG have signed a Memorandum of Understanding (MoU) to engage in a joint feasibility study to further evaluate a collaboration for the establishment of a chemical complex in Mundra, Gujarat, India.This is the next step of ...

Borouge signs major contracts valued at US$ 2.6 billion to advance its strategic Borouge 3 expansion

06-Jul-2010 - 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. The ...

Borouge awards AED 260 million contract to Ascon for the construction of its Innovation Centre

09-Jun-2010 - 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-ASCON ...

Borouge signs an agreement to build second compounding plant in China

01-Jun-2010 - Borouge, a joint-venture between the Abu Dhabi National Oil Company (ADNOC) and Borealis announced its intention to build a second manufacturing plant in China at the signing of an agreement with the Nansha Municipal Government on May 28, 2010. Speaking at the signing ceremony in ...

Borouge awards three major EPC contracts for Borouge 3 expansion project valued at US$ 2.6 billion

28-May-2010 - Borouge, a joint-venture between the Abu Dhabi National Oil Company (ADNOC) and Borealis, has awarded three major Engineering, Procurement and Construction (EPC) contracts valued at approximately US$ 2.6 billion for its Borouge 3 expansion project in Ruwais, Abu Dhabi, in the UAE. These ...

Borouge further expands capabilities in China

12-Jan-2010 - Borouge announced the incorporation of Borouge Sales and Marketing (Guangzhou) Co. Ltd. The inauguration of the new company was attended its customers, senior government officials from the Guangzhou Municipal Government and the United Arab Emirates as well as Members of the Boards of ...

Borouge awards contracts to Tecnimont for Borouge 3

07-Jul-2009 - 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 ...

Borouge awards US$ 1.075 billion contract for ethane cracker in Abu Dhabi to The Linde Group

Contract marks the first major milestone and confirms Borouge’s commitment to its Borouge 3 expansion

06-Jul-2009 - Borouge has awarded a contract worth US$ 1.075 billion to The Linde Group to build another 1.5 million tonnes per year (t/y) ethane cracker at its production site in Ruwais, Abu Dhabi, United Arab Emirates. “The awarding of this contract confirms Borouge’s commitment to the Borouge 3 project, a ...

In a volatile market, Borealis focuses on cost competitiveness and cash preservation

06-May-2009 - Borealis announces a net loss of EUR 56 million for the first quarter of 2009, a 54% improvement compared to the last quarter of 2008 as the company quickly reacts to the most significant global demand shock in decades. Focused working capital management contributed to a net debt reduction of EUR ...

The Linde Group and ADNOC to build two large-scale air separation units in Abu Dhabi

Total investment costs around USD 800 million

13-May-2008 - The Linde Group and The Abu Dhabi National Oil Company (ADNOC) have decided to construct two large air separation units (ASU) through their joint venture Elixier in Abu Dhabi (United Arab Emirates). Total investment costs amount to approximately USD 800 million. Starting at the end of 2010, the ...