Borouge lands key polyolefins supply contracts in UAE

  • Date: 13-Jan-2023
  • Source: Zawya
  • Sector:Real Estate
  • Country:UAE
  • Who else needs to know?

Borouge lands key polyolefins supply contracts in UAE

UAE - Borouge, a leading petrochemical company that provides innovative and differentiated polyolefin solutions, has secured two new contracts worth a combined value of AED55 million ($15 million) to supply polyolefins to its partner customers – leading cable manufacturer Ducab and Abu Dhabi-based Union Pipes Industry (UPI).

Both companies will use Borouge materials to produce energy and infrastructure applications to construct Borouge 4.

Ducab, one of the UAE’s largest home-grown energy solution providers and industrial manufacturing businesses, will produce low-voltage and medium-voltage cables to power Borouge 4 using Borouge’s energy solutions.

UPI, one of the Mena region’s largest rugged and durable pipe manufacturers, will use Borouge’s ‘Made in UAE’ solutions to produce pressure pipes for the cooling and public sanitation system of Borouge 4.

On the contract wins, CEO Hazeem Sultan Al Suwaidi said: "Our latest agreements with Ducab and UPI signal the continued progress of the Borouge 4 project and are testament to our commitment to the UAE’s In-Country Value programme – providing locally sourced and ‘Made in UAE’ solutions that shape a strategic project of this scale."

"We look forward to building on our track record of success and unlocking long-term value through the aggressive pursuit of revenue growth and cost optimisation," he