The UAE petrochemicals company Borouge is to treble annual production capacity at its $6 billion polyolefin complex, despite forecasts of an oversupply in the sector.
Once completed next year, Borouge 4 will be the world’s largest single-site producer of polyolefins, plastics mainly obtained from oil and natural gas.
Borouge’s CEO, Hazeem Al Suwaidi, told AGBI -On a tour of the 3 million square metre site in Ruwais, Abu Dhabi, that the company will increase annual production capacity by more than 1 million tonnes to over 6 million tonnes.
24 мар 2024