792-Dr. J. K. Patel Institute Of Management - Gujarat Technological ...

Borouge is also investing in plants and logistics hubs in Asia and a state of the art
Innovation Centre in Abu Dhabi. Borouge is Focused on value Creation through
Innovation, Borouge ensure that its customers throughout the value chain, around
the world, can always rely on superior products and security of supply.
Borouge is committed to the principles of Responsible Care and proactively
contributes towards addressing the world’s water and sanitation challenges through
its Water for the World initiative.
Polyolefin manufacturer Borouge expects the expansion of its complex in Ruwais,
Abu Dhabi, to be fully on stream in mid-2014, following completion of construction by
end-2013. The Borouge expansion will add capacities of 1.5mn tonnes per annum
(tpa) ethylene, feeding large polyethylene (PE) and polypropylene (PP) units.
The planned Chemaweyaat complex, which Abu Dhabi hopes that it will be the
world’s largest petrochemical complex, will include an olefins plant, an aromatics
complex and a range of downstream polymer and chemicals units. It is due to enter
production in 2015, but BMI believes that 2016 is more realistic. The first part of the
development, Tacaamol, will use heavy naphtha feed for its aromatics units and a
lighter naphtha feed to supply a mixed-feed cracker producing 1.5mn tpa ethylene
and 690,000tpa propylene. These will feed downstream plants producing polymers,
xylenes and other derivatives.
Over the last quarter BMI has revised the following forecasts/views:
- By 2016, BMI expects ethylene capacity of 5mn tpa in the UAE, up from an
estimated 2mn tpa in 2011, with PE more than tripling to 3.52mn tpa and PP rising
by nearly 170% to 2.14mn tpa over the period.
- Key issues that will have an impact on the market include the effect of spreads
between naphtha and ethane and the strength of Chinese market. While ethane may
be cheaper, the heavy use of naphtha in its feedstock mix will put the UAE in a better
position than Qatar and Saudi Arabia as it attempts to diversify downstream
production.
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