ADNOC, Borealis readying for Borouge 4
According to this agreement, which is a part of Adnoc’s target to increase its petrochemical production more than by-half to 11.4 million tons/year from the current 4.5 million tons/year until 2025, the companies will carry out the front-end engineering and design works for the construction of Borouge 4 complex. The complex, which will be integrated with Adnoc’s Takreer refinery, is expected to be operational within about 6 years.
The companies also signed an engineering, procurement and construction contract for a new PP plant, which will be built in the existing Borouge 3 complex.
However, the value of the agreement was not disclosed.
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