The joint venture of Abu Dhabi National Oil Company (Adnoc) and Austria’s Borealis, Borouge, is yet to award the engineering, procurement, and construction (EPC) contract for its Polypropylene-5 project, according to industry sources.
"The bids that have been submitted are still being reviewed," one source said.
On 15 March MEED revealed that commercial bids had been submitted and Borouge CEO Ahmad Omar Abdulla intended to award the contract within two months.
Companies that have submitted bids are:
- Wison Engineering
- Maire Tecnimont
- Hyundai Engineering
- Tecnicas Reunidas
- Samsung Engineering
The project is estimated to be worth $550m and saw technical bids submitted by five companies in October last year.
Polypropylene-5 is due to be constructed at in Ruwais with a production capacity of approx. 600,000 tonnes per year (tpa).
The plant will be integrated with the existing Borouge 3 complex.
The addition of the new polypropylene facility will add value to the surplus propylene available from Adnoc Refining’s propane dehydrogenation (PDH) units that were commissioned in 2015 as part of the Ruwais refinery expansion project.
The scope of the work includes:
- Polypropylene Plant
- Two substations
- Underground and above ground piping
- Electrical & Instrumentation facilities
- Structural works
- Static equipment
- Associated facilities
Borouge’s integrated polyolefins complex in Ruwais is the largest facility in the world of its kind.
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