Abu Dhabi Polymers Company (Borouge) is evaluating technical bids for an engineering, procurement and construction (EPC) contract for an Anteo production plant in Ruwais.

The Anteo brand was launched in October 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 were submitted on 22 February.

Bidders include Pakistan-based Descon and UAE-based Target Engineering.

Industry sources expect the contract will be worth between $70m and $100m.

Borouge is yet to announce an official date for commercial bid submission, but bidders are expecting they will be required to submit a price before April and that the contract will be awarded in July.

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 an ingredient for the production of flexible packaging.

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