Middle East Economic Survey

VOL. LIII

No 27

5-Jul-2010

UAE

Borouge Signs Ruwais Expansion Contracts

Polyolefins producer Borouge has formally signed three major engineering, procurement and construction (EPC) contracts worth a total $2.6bn for its Borouge 3 expansion project at Ruwais, at a ceremony in Abu Dhabi. The expansion is aimed at quadrupling the facilitys production capacity to 4.5mn tons/year by 2013. Borouge, a joint venture between the Abu Dhabi National Oil Company (ADNOC) and Austria...