Maire Tecnimont S.p.A. announces that its subsidiary Tecnimont S.p.A. has signed with Abu Dhabi Polymers Company Ltd. (Borouge) three EPC contracts relating to the world-class fourth expansion phase (Borouge 4) of the Ruwais polyolefins complex in Ruwais, located about 240 km west of Abu Dhabi City (Abu Dhabi, UAE).
Borouge is a joint venture between the Abu Dhabi National Oil Company (ADNOC), one of the world’s major oil and gas companies, and a diversified energy and petrochemicals group wholly owned by the Emirate of Abu Dhabi, and Austria based Borealis, the providers of advanced and circular polyolefin solutions.
The overall value of the three contracts, awarded based on a competitive bidding process, is approximately USD 3.5bn.
The three EPC Lump Sum turnkey contracts relate to the execution of three packages of the Borouge 4 project: the “polyolefin units package”, which includes two polyethylene units with a capacity of 700,000 tons per year each, and 1-hexene unit; the “cross-linkable polyethylene unit package”; the “utilities and offsites package”, which includes the utilities and offsites units for the whole Borouge 4 project. The project’s scope of work entails complete engineering services, equipment, and material supply, erection and construction activities, commissioning, and start-up assistance. The completion is expected by 2025. Once the project is completed, the Ruwais complex will be the world’s largest single-site polyolefin facility.