Maire Tecnimont confirms petrochemical contract award

16 July 2018
Milan-listed firm secures work on Borouge project in the UAE

Milan-listed Maire Tecnimont has confirmed that it has been awarded an engineering, procurement and construction (EPC) contract by Abu Dhabi Polymer Company (Borouge) for its planned polypropylene unit (PP5 Project) in Ruwais.

The contract award was first reported by MEED on 10 July.

Borouge is a downstream joint venture (JV) of the Abu Dhabi National Oil Company (Adnoc) and Austria’s Borealis.

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 will have a production capacity of 480,000 tonnes a year and will be completed by the end of 2021, according to a statement released by Maire Tecnimont.

Initially it was expected that the project would have a capacity of 600,000 t/y.

The PP5 project will be integrated with the existing Borouge 3 complex.

Maire Tecnimont said that the PP5 award is one of several new awards that come to a total of $730m.

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 JV of Maire Tecnimont and South Korea’s Samsung Engineering.

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