Abu Dhabi based petrochemical maker Borouge, - a joint-venture between Denmark-based petrochemicals group Borealis and Abu Dhabi National Oil Company, will more than triple its production of polyolefins to almost two million tpa in five years. The expansion would boost the company's leading position in supplying polyolefins in the Middle East and Asia Pacific, where demand is projected to grow more than 5% pa.
Borouge will add 540,000 tpa of polyethylene and 800,000 tpa of polypropylene capacity to its complex at Ruwais. Current capacity at the US$1.2 billion petrochemical complex is 600,000 tpa of ethylene and 600,000 tpa of polyethylene, after the company already expanded its polyethylene capacity in March this year from 450,000 tpa.
Middle East and Africa account for 35% of Borouge's total sales while Northeast Asia, led by China is the second-biggest market, accounting for 30%. Demand growth for naphtha in the Middle East is expected to ease as petrochemical makers turn to ethane from natural gas, which is more accessible, as an alternative feedstock for ethylene.
25-Oct-05 
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