Middle East Economic Survey

VOL. LIII

No 22

31-May-2010

UAE

Borouge Awards Four Contracts For Ruwais Expansion

Abu Dhabi Polymer Company (Borouge) has awarded four contracts totaling $3.67bn for its Borouge 3 expansion project at Ruwais, which is expected to increase the facilitys production capacity to 4.5mn tons/year by 2013. A joint venture consortium consisting of Italys Tecnimont and South Koreas Samsung Engineering was awarded a $1.255bn contract for the construction of two Borstar enhanced...