Maire Tecnimont awarded three EPC contracts worth USD 3.5 billion by Borouge in Abu Dhabi, UAE
Maire Tecnimont S.p.A. announces that its subsidiary Tecnimont S.p.A. has signed with Abu Dhabi Polymers Company Ltd. (Borouge) three EPC contracts relating to the world-class fourth expansion phase (Borouge 4) of the Ruwais polyolefins complex in Ruwais, located about 240 km west of Abu Dhabi City (Abu Dhabi, UAE). Borouge is a joint venture between the Abu Dhabi National Oil Company (ADNOC), one of the world’s major oil and gas companies and a leading diversified energy and petrochemicals group wholly owned by the Emirate of Abu Dhabi, and Austria based Borealis, one of the world’s leading providers of advanced and circular polyolefin solutions. The overall value of the three contracts, awarded on the basis of a competitive bidding process, is approximately USD 3.5 billion. The three EPC Lump Sum turnkey contracts relate to the execution of three packages of the Borouge 4 project: the “polyolefin units package”, which includes two polyethylene units with a capacity of 700,000 tons p