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Abu Dhabi-based petrochemical company Borouge has been awarded two new contracts with a combined value of AED55 million (US$15 million).
The deals will supply polyolefins to Ducab, one of the country’s largest industrial manufacturing companies, and to pipe manufacturer Union Pipes Industry (UPI), also based in the UAE.
“The two companies will use Borouge materials for energy and infrastructure applications to build Borouge 4,” said a statement on Tuesday.
Owned by ADNOC and Borealis, the Borouge 4 project is expected to support the continued development of the UAE’s downstream and industrial sectors. Covering an area equivalent to nearly 500 football fields, the facility will produce polyolefin solutions for a variety of industries including infrastructure, energy, advanced packaging and agriculture in the Middle East, Africa and Asia Pacific.
Borouge CEO Hazeem Sultan Al Suwaidi said the latest deal marks continued progress on the Borouge 4 project and demonstrates the company’s commitment to the UAE’s ‘Domestic Value’ programme.
Ducab is expected to produce the low and medium voltage cables that power Borouge 4, while UPI will produce pressure piping for Borouge 4’s cooling and sanitation systems using Borouge’s ‘Made in UAE’ solution.
(Writing by Cleofe Maceda; Editing by Seban Scaria)
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