To meet surging demand by its Middle East and other Asian clients, Borouge, UAE'S main petrochemical producer, plans to raise capacity to nearly 3 million tpa. For this, Borouge plans to invest US$2.5 billion at its Ruwais petrochemical complex. Total production capacity of polyethylene and polypropylene is estimated to be increased to 2 million tpa from the current capacity of 600,000 tpa. The project is now entering the Front End Engineering Design (FEED) phase with the Project Management Consultancy (PMC) awarded to Foster Wheeler International and the Financial Advisory Contract awarded to HSBC.
23-Nov-05 
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