Borouge signed the Engineering, Procurement, and Construction (EPC) contract with Maire Tecnimont Group for building its fifth polypropylene (PP5) plant with a capacity of 480,000 t/y in Ruwais to increase production capacity of polypropylene by 25% to 2.24 million tonnes per year (t/y).
This opens up new opportunities to integrate with the local industries. The new PP5 plant will be added to the existing Borouge 3 plants in Ruwais scheduled to be commissioned in Q3 2021.
Borouge’s PP5 plant, based on Borealis’ proprietary Borstar technology, will significantly contribute to helping ADNOC’s downstream strategy declared in the recent Downstream Investment Forum, held in May 2018. The aim of the addition of the PP5 plant at Ruwais is to expand its refining and petrochemical operations to create the world’s largest integrated refining and petrochemicals complex in Ruwais and obtain highly targeted overseas investments to secure greater market access.
In addition, it will also help in increasing ADNOC’s, and its subsidiaries’ range and volume of high-value downstream products.
Borouge has made an ambitious growth plan for increasing the polymers production capacity by 11% to reach 5 million tonnes per year with the installation of the PP5 plant, which is effectively linked to the growth ambitions of both ADNOC and Borealis to grow polymers production capacity.
The partnership between ADNOC and Borealis will ensure global supply of creative polypropylene products with the help of PP5 plant, which becomes the tenth Borstar plant in Ruwais. The Ruwais-based plant will offer solutions to its customers across the globe, especially in the packaging industry.