Contractors have submitted commercial bids for an engineering, procurement and construction (EPC) contract to build an Anteo production plant in Ruwais.

The client is Abu Dhabi Polymers Company (Borouge) and the contract is expected to be awarded in July.

The Anteo brand was launched in October 2017 by Borouge, a joint venture of Abu Dhabi National Oil Company (Adnoc) and Austrian petrochemicals company Borealis.

Borealis describes Anteo as a “family of linear low-density polyethylene (LLDPE) packaging grades for the global packaging market”.

Technical bids for the production plant were submitted on 22 February.

Bidders include Pakistan-based Descon and UAE-based Target Engineering. Industry sources expect the contract to be worth between $70m and $100m.

Finland-based Neste Jacobs was awarded the front-end engineering and design (feed) contract for the project.

The Anteo product range was launched simultaneously in Austria, the UAE and China. It is being marketed as a material for the production of flexible packaging.

The planned facility at Ruwais is due to come online in 2021.