Abu Dhabi Polymers Company (Borouge), the downstream joint venture of the Abu Dhabi National Oil Company (Adnoc) and Austria’s Borealis, has awarded the estimated $500m engineering, procurement and construction (EPC) contract for its Polypropylene-5 (PP5) project to Italy-based Maire Tecnimont, according to industry sources.
Bidders for the PP5 project were:
- Wison Engineering (China)
- Maire Tecnimont (Italy)
- Hyundai Engineering (South Korea)
- Tecnicas Reunidas (Spain)
- Samsung Engineering (South Korea)
The PP5 project is to be constructed in Ruwais with a production capacity of 600,000 tonnes per year, and is to be integrated with the existing Borouge 3 complex.
Maire Tecnimont has a long history of working with Borouge on petrochemical facilities. It was the main contractor for the polyolefin unit for Borouge 1, completed in 2001.
In 2007, Maire Tecnimont was awarded the polyolefin units (PO) for the first phase of the Borouge expansion, known as Borouge 2, as well as the debottlenecking of Borouge 1 process lines.
In 2009, Borouge awarded the three main contracts for the front end engineering and design (feed) stage of its Borouge 3 expansion in Ruwais to Maire Tecnimont.
In 2010, Borouge awarded two contracts for the EPC Phase of the Borouge 3 Expansion Project to a joint venture of Maire Tecnimont and South Korea’s Samsung Engineering.
|This article has been unlocked to allow non-subscribers to sample MEED’s content. MEED provides exclusive news, data and analysis on the Middle East every day. For full access to MEED's Middle East business intelligence, subscribe here|
A MEED Subscription...
Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.