Joint Venture Borouge
Borouge is Borealis’ joint venture with the Abu Dhabi National Oil Company (ADNOC). Its facility in Ruwais, Abu Dhabi (UAE) produces Borstar PE products for the infrastructure (pipe, wire and cable), automotive and advanced packaging markets. Borouge is the exclusive provider of the entire Borealis product line throughout the Middle East and Asia.
Officially opened in October 2002, this production facility is home to the first Borstar facility in the Middle East and Asia and hosts a 600,000 t/y cracker as well as two Borstar bimodal PE lines that produce up to 600,000 t/y.
In 2010, under the project name of Borouge 2, Borouge tripled the polyolefins manufacturing capacity of the plant in Ruwais, Abu Dhabi to 2 million tonnes per year. The US$ 4.5 billion investment includes an additional ethane cracker, a third polyethylene unit and two new polypropylene units.
With the Borouge 3 project, the company is expanding its petrochemical plant at Ruwais in Abu Dhabi to 4.5 million tonnes per year (t/y) by mid 2014.
Additional investments in logistics hubs and compounding manufacturing plants in Asia serve Borouge’s customers in the growing local markets.
Read more about this topic: Borealis
Famous quotes containing the words joint and/or venture:
“Whats a joint of mutton or two in a whole Lent?”
—William Shakespeare (15641616)
“I am being given, if I may venture the expression, birth into death, such is my impression. The feet are clear already, of the great cunt of existence.”
—Samuel Beckett (19061989)