16 Mar 2006
Borouge 2 Milestones (Fact Sheet)
December 2003 - Borouge announces its intention to expand existing Borstar capacity from 450 kilotonnes (kts) to 600 kts per annum, as well as a feasibility study to form a 1.4 million tonne world scale petrochemical complex at Ruwais, Abu Dhabi in the UAE.
June 2004 - Achieved 1 million tonnes of production in Ruwais.
March 2005 - Successful expansion of polyethylene (PE) capacity in Ruwais increased from 450 kts to 600 kts to meet market demand.
July 2005
- Borouge 2 capacity expansion plans announced. Scheduled for completion in 2010, the project includes a production capacity expansion to 1.4 million tonnes of ethylene and associated downstream Borstar® technology PE and polypropylene (PP) units.
- Project Management Contract (PMC) agreement was awarded to Foster Wheeler. HSBC was selected as the Financial Advisor for the project.
September 2005 - The Licence Agreement for the Olefins Conversion Unit (OCU) was concluded with ABB Lummus Global Inc. Work will commence over a period of seven months to develop the Process Design Package (PDP) from their offices in Bloomfield, the US.
October 2005 - The Front End Engineering and Design (FEED) for Utilities & Offsite (U&O) Option in the PMC was exercised.
November 2005 - Borouge issued an Engineering, Procurement and Construction (EPC) tender for the ethylene cracker. Bids are due by May 2006.
February 2006
- The FEED contract for the OCU was awarded to ABB Lummus Global Inc.
- A contract to start the FEED for the Polyolefin units was awarded to Fluor Mideast Ltd.
- A contract was awarded to MWH to carry out the study of Health, Safety & Environment Impact Assessments (HSEIA) for the facilities and the lenders.
- Maersk Logistics was selected as Borouge’s supply chain study consultant to advise on the Supply Chain concept for Borouge 2 products.
Reader enquiries
Borouge Pte Ltd
1 George Street
#18-01
Singapore 049145
Singapore
Notes for editors
Borouge and Borealis
Borouge and Borealis 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'™.
For more information on Borealis and Borouge, a joint venture between Borealis and the Abu Dhabi National Oil Company, visit www.borouge.com and www.borealisgroup.com.
Borstar® is Borealis’ proprietary technology supporting differentiated polyethylene and polypropylene products and is a registered trademark of Borealis A/S.
Editorial enquiries
Marnie Woodd
Borouge Pte Ltd
marnie.woodd@borealisgroup.com
Juliet Tseng
APCO Industria Singapore