The joint venture of the Abu Dhabi National Oil Company (Adnoc) and Austria’s Borealis, Borouge, is expected to announce the winner of an estimated $150m contract to add two bagging lines at its facility in Ruwais within weeks, according to industry sources.
Bids were submitted by contractors in October last year.
“We’ve been waiting for a while now for feedback,” said one industry source. “It’s expected that we will hear the results at any time.”
The project will add two bagging lines to extend an existing facility at a pelletising plant that forms part of Borouge’s integrated polyolefins complex in Ruwais, the largest facility in the world of its kind.
The plant’s production capacity stands at 4.5 million tonnes a-year.
The products produced are:
2,300,000 tonnes of polyethylene a-year
1,760,000 tonnes of polypropylene a-year
350,000 tonnes of low density polyethylene a-year, supporting a cross-linkable polyethylene (XLPE) compounding facility
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