VOL. XLI

No. 20

18-May-1998

UAE

ADNOC/Borealis Announce Further Details On Their PetrochemicalVenture

The Abu Dhabi National Oil Company (ADNOC) and Borealis on 10 May issueda press statement giving additional details about their petrochemical project which is tobe set up at Abu Dhabi's Ruwais industrial area. The production company, known as the AbuDhabi Polymers Company Limited (Borouge), will be owned 60% by ADNOC and 40% by Borealis.It will operate a complex in Abu Dhabi which will include...