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Borouge 3 looking to raise production rates

by ChemOrbis Editorial Team -
  • 08/01/2015 (13:56)
According to media reports, UAE-based Borouge, a joint venture between the Abu Dhabi National Oil Company (ADNOC) and Austria’s Borealis, plans to increase its operating rates at its new Borouge 3 facility throughout this year. Borouge aims to lift its total production capacity to 4.5 million tons per year by the end of 2016 despite the recent slump in global crude oil prices.
The producer has existing capacities of 2.1 million tons/year of ethylene, 1.11 million tons/year of PE and 800,000 tons/year of PP at its Borouge 1 and Borouge 2 complexes.

In June 2014, the company started up its 1.5 million tons/year Borouge 3 ethane cracker in Ruwais and subsequently started up its 1.08 million tons/year PE plant at the Borouge 3 complex. The Borouge 3 complex also includes a 960,000 tons/year PP plant and a 350,000 tons/year LDPE plant. A source close to the company said that Borouge 3 was likely to raise its operating rates by the second half of the year.

The company reportedly expects 2015 to be a challenging year owing to lower oil prices.
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