ADNOC & Austria’s Borealis break ground on $6.2bn Borouge 4 Plant

  • Date: 11-Feb-2022
  • Source: GCC Business News
  • Sector:Industrial
  • Country:UAE
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ADNOC & Austria’s Borealis break ground on $6.2bn Borouge 4 Plant

UAE state-owned oil company, Abu Dhabi National Oil Company (ADNOC) and Austrian chemical giant, Borealis have jointly started construction of the $6.2 billion worth fourth Borouge facility (Borouge 4) at the company’s polyolefin manufacturing complex in Ruwais.

The facility will help to boost the local supply chain and meet the projected growth in demand for polyolefins in the Middle East, Africa and Asia while providing critical feedstock to the TA’ZIZ Industrial Chemicals Zone in Ruwais. The expansion of Borouge 4 follows confirmation of the final investment decision in November 2021.

The plant, scheduled to be operational by the end of 2025, will produce 1.4 million tonnes of polyethylene, boosting the company’s total annual polyolefin production to 6.4 million tonnes, making Borouge the world’s largest single-site polyolefin complex.

The groundbreaking ceremony was attended by Sheikh Hamdan bin Zayed Al Nahyan, the Ruler’s Representative in Al Dhafra Region, along with a high-level delegation of dignitaries and senior officials from the Abu Dhabi Government, Borouge, ADNOC and Borealis.

Dr. Sultan Ahmed Al Jaber

MD & Group CEO – ADNOC

Minister of Industry & Advanced Technology

UAE “We continue to receive strong interest from international and local investors who want to partner with us in growing and developing our downstream and