• HSBC

Borouge awards contracts to Tecnimont for Borouge 3

  • United Arab Emirates: Monday, July 06 - 2009 at 12:20
  • PRESS RELEASE

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 utilities and offsite facilities.

This milestone announcement follows the recent selection of Bechtel as the project management support for Borouge 3. The Feed-stage will have a duration of approximately nine months.

Borouge, a leading provider of innovative, value creating plastics solutions for the infrastructure, automotive and advanced packaging markets, is expanding its annual production capacity of polyolefins in Abu Dhabi to 4.5 million tonnes by the end of 2013.

Borouge is a joint venture between the Abu Dhabi National Oil Company (ADNOC), one of the world's largest oil and gas companies, and Borealis, a leading provider of chemical and plastics solutions.

Tecnimont (Maire Tecnimont Group) is an international EPC Contractor operating in Chemicals and Petrochemicals, Oil & Gas, Power, Civil Engineering and Infrastructure.
 
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Notes and Media Contacts »

Note:
Borealis and Borouge are leading providers of innovative, value creating plastics solutions. With more than 40 years of experience in polyolefins and using our unique Borstar technology, we focus on the infrastructure, automotive and advanced packaging markets across Europe, the Middle East and Asia. Our production facilities, innovation centres and service centres work with customers in more than 170 countries to provide the materials that make an essential contribution to society and sustainable development. We are committed to the principles of Responsible Care and to leading the way in 'Shaping the Future with Plastics'.

Maire Tecnimont S.p.A. is the parent company of an international industrial group which provides a comprehensive, integrated system of services and installations in its sectors: Chemicals and Petrochemicals, Oil & Gas, Power, Civil Engineering and Infrastructure. The Group has established itself thanks to advanced skills in Project Management and Main Contracting, by implementing complex turnkey projects all over the world, combining high quality and planning standards with a focus on multicultural and environmental issues. The Group, with a presence in 24 countries and 4 continents, currently controls 37 operating companies and can rely on a workforce of 4,300 employees, more than half of whom are outside Italy. At 31 December 2008, the Group reported Revenues of €2,463m and Net income of €117m.

For more information, please contact:
For further information please contact:
Craig Halgreen
Vice President Global Communications
Borouge
Tel: +971 2 6070 807

or

Carlo Nicolais
Communication Office
Tecnimont
Tel +39 06 412235.728
Fax +39 06 412235.642

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