Borouge has decided that it will prop up its polypropylene capacity by 25% to 2.24-million tonnes tonnes per year (t/y) in a bid to unlock new opportunities to reinforce local industries.
The signing of contract with Maire Tecnimont Group, for the engineering, procurement and construction will see Borouge set up a new polypropylene (PP5) plant in Ruwais will have a nameplate capacity of 4,80,000 t/y and will be integrated with the existing Borouge 3 plant. The PP5 plant is expected to come on stream in the third quarter of 2021.
Borealis’ proprietary Borstar technology will propel Borouge’s PP5 plant, and will play an important role in helping ADNOC deliver against its downstream strategy announced in the recent Downstream Investment Forum, held in May 2018. The aim is to significantly expand its refining and petrochemical operations – through the creation of the world’s largest integrated refining and petrochemicals complex in Ruwais – undertake highly targeted overseas investments to secure greater market access, and increase ADNOC’s, and its subsidiaries’, range and volume of high-value downstream products.
According to Borouge, building the PP5 plant in Ruwais significantly contributes to achieving Borouge’s ambition of growing the polymers production capacity by 11% to reach 5-million tonnes per year. “It is effectively linked to the growth ambitions of both ADNOC and Borealis to grow polymers production capacity.”
The PP5 plant will become the tenth Borstar plant in Ruwais.