Abu Dhabi National Oil Company's (ADNOC) subsidiary Borouge awarded a US$169 million (Dh620.2m) to Hyundai Engineering and Construction of South Korea to build a speciality plastics unit in Abu Dhabi, the company said.
The work will comprise the construction of a "cross-linkable polyethylene (XLPE) unit" at its petrochemical plant in Ruwais, Abu Dhabi. With an annual capacity of 80,000 tonnes, the unit is an added-value complement to the plant's low density polyethylene unit, Borouge said, which will enabling it to make plastics products for low to high voltage energy cables.
This is the final major contract to be awarded for the Borouge 3 mega-expansion project already underway in Abu Dhabi. Hyundai is also providing the utilities and offsite facilities for the project.
"When fully operational in mid-2014, Borouge 3 will more than double the plant's annual capacity to 4.5 million tonnes and create the largest integrated polyolefins plant in the world," the company said today.
Borouge is a joint venture between the ADNOC and Borealis, a leading provider of chemical and innovative plastics solutions based in Australia.
Borealis and Borouge aim to be leading long-term suppliers of polymers to the global wire and cable infrastructure market.
igale@thenational.ae
Company%20profile
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SPECS%3A%20Polestar%203
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COMPANY%20PROFILE
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Other key dates
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Finals draw: December 2
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Finals (including semi-finals and third-placed game): June 5–9, 2019
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Euro 2020 play-off draw: November 22, 2019
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Euro 2020 play-offs: March 26–31, 2020
The specs
Engine: 2.7-litre 4-cylinder Turbomax
Power: 310hp
Torque: 583Nm
Transmission: 8-speed automatic
Price: From Dh192,500
On sale: Now
Company Profile
Name: Thndr
Started: 2019
Co-founders: Ahmad Hammouda and Seif Amr
Sector: FinTech
Headquarters: Egypt
UAE base: Hub71, Abu Dhabi
Current number of staff: More than 150
Funds raised: $22 million
Blackpink World Tour [Born Pink] In Cinemas
Starring: Rose, Jisoo, Jennie, Lisa
Directors: Min Geun, Oh Yoon-Dong
Rating: 3/5
Israel Palestine on Swedish TV 1958-1989
Director: Goran Hugo Olsson
Rating: 5/5
Women’s World T20, Asia Qualifier
UAE results
Beat China by 16 runs
Lost to Thailand by 10 wickets
Beat Nepal by five runs
Beat Hong Kong by eight wickets
Beat Malaysia by 34 runs
Standings (P, W, l, NR, points)
1. Thailand 5 4 0 1 9
2. UAE 5 4 1 0 8
3. Nepal 5 2 1 2 6
4. Hong Kong 5 2 2 1 5
5. Malaysia 5 1 4 0 2
6. China 5 0 5 0 0
Final
Thailand v UAE, Monday, 7am
SPECS
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