Abu Dhabi-based petrochemicals company Borouge has secured two new contracts with a combined value of AED 55 million ($15 million).
The deals will be for the supply of polyolefins to Ducab, one of the country’s largest industrial manufacturing firms, and Union Pipes Industry (UPI), a pipe maker also based in the UAE.
“Both companies will use Borouge materials to produce energy and infrastructure applications to construct Borouge 4,” a statement said on Tuesday.
The Borouge 4 project, owned by ADNOC and Borealis, is expected to support the continued development of the UAE’s downstream and industry sector. Covering an area equivalent to almost 500 football pitches, the facility will produce polyolefin solutions for various sectors, including infrastructure, energy, advanced packaging and agriculture across the Middle East, Africa and Asia Pacific.
According to Hazeem Sultan Al Suwaidi, CEO of Borouge, the latest deals signal the continued progress of the Borouge 4 project and are testament to the company’s commitment to the “In-Country Value” programme of the UAE.
Ducab is expected to produce low-voltage and medium-voltage cables to power Borouge 4, while UPI will use Borouge’s “Made in UAE” solutions to produce pressure pipes for the cooling and public sanitation system of Borouge 4.
(Writing by Cleofe Maceda; editing by Seban Scaria)