The Abu Dhabi Polymers Company (Borouge) has awarded three major contracts to TechnipFMC, Maire Tecnimont and WorleyParsons for the fourth phase of the Ruwais petrochemicals complex, ADNOC announced on February 26.
The contracts were signed by Ahmed Abdulla, CEO of Borouge; Marco Villa, President at EMIA, TechnipFMC and Pierroberto Folgiero, CEO of Maire Tecnimont.
“We are excited to award these contracts for the mixed feed cracker project which will be a new milestone in the history of Borouge,” Abdulla said.
The fourth phase will include the world’s largest mixed feed cracker with a production capacity of 1.8 million tons of Ethylene and an overall capacity to produce 3.3 million tons of olefins and aromatics using a variety of feedstocks from ADNOC’s refinery and gas processing facilities.
The new project is expected to generate more than $3.5 billion local procurement and construction activities during its EPC (Engineering, Procurement and Construction) phase.
Additionally, the project will help create new business opportunities for many local companies in UAE.