Borouge to expand production to include Melamine
Borouge announces that it is
continuing with the construction of a new
melamine plant in Ruwais, Abu Dhabi, the
location of its existing world-scale polymer
production facilities. The company is
planning to take over a project currently
being undertaken by the Abu Dhabi National
Oil Company (ADNOC) and AMI Agrolinz
Melamine International (AMI) in Ruwais.
The development would see the creation of a
melamine plant with an annual production
capacity of 80,000 tonnes. The front end
engineering and design phase has begun and
it is expected that production would come on
stream following the completion of Borouge
2, the major expansion which will triple
Borouge's Borstar® polyolefin production
capacity.
Increasing global demand for melamine,
particularly in the Middle East and Asia
Pacific regions represents an opportunity
for Borouge to broaden its product portfolio
in line with its strategy to explore
opportunities for expansion. The new plant
will benefit from the proximity to Borouge's
Ruwais facilities, from synergies with
existing operations and from the company's
production expertise and operational track
record.
The development of a melamine plant within
Borouge would represent a rational step for
its owners, ADNOC and Borealis. As announced
in December 2006, AMI' shares are planned to
be contributed to Borealis by its current
owners, the International Petroleum
Investment Company (IPIC) of Abu Dhabi and
OMV, the Austrian oil and gas group. AMI, as
a subsidiary of Borealis, will provide its
own proprietary melamine technology and
market know-how to Borouge for the project.
Harri Bucht, Chief Executive Officer of the
Borouge production company in Abu Dhabi,
commented: "Integrating this project into
Borouge will be a natural move for us. With
our depth of experience and proven
operational excellence, the project will
benefit from a number of synergies as well
as increasing the overall competitiveness of
our operations."
About Borouge and Borealis
Borouge and Borealis are leading providers
of innovative, value creating plastics
solutions. With more than 40 years of
experience in polyolefins and using our
unique Borstar® technology, we focus on the
infrastructure, automotive and advanced
packaging markets across Europe, the Middle
East and Asia. Our production facilities,
innovation centres and service centres work
with customers in more than 170 countries to
provide materials that make an essential
contribution to society and sustainable
development. We are committed to the
principles of Responsible Care® and to
leading the way in 'Shaping the Future with
Plastics'TM.
Borouge is a joint venture established in
1998 between the Abu Dhabi National Oil
Company and Borealis. It is currently
implementing a multi billion dollar
expansion at its world-scale,
state-of-the-art production facility in
Ruwais, Abu Dhabi in the United Arab
Emirates. The project, called Borouge 2, is
due for completion in 2010 and will triple
the company's polyolefin production capacity
Contact Details
Name Bassam Fakih
Job Title PR Account Executive
Company Orient Planet
Telephone 971 2 4485668
Email
Bassam@orientplanet.com .