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Borouge-Linde/CCC sign new contract for Ethylene Cracker

06
Feb '07
Borouge, Linde & CCC - ethylene cracker contract
Borouge and a consortium of the Engineering division of The Linde Group and CCC formally signed a contract worth approximately USD 1.3 billion for the construction of a new Ethylene Cracker, which is considered the largest grass roots gas cracker in the world with a capacity of 1.5 million tonnes per annum.

The signing ceremony took place in the presence of the Chancellor of the Federal Republic of Germany, Angela Merkel on her visit to Abu Dhabi, UAE, H.H. Sheikha Lubna Al Qasimi, UAE Minister of Economy and Michael Glos, German Federal Minister of Economics and Technology.

The contract was signed by Harri Bucht CEO of Abu Dhabi Polymers (Borouge), Dr Aldo Belloni, Member of the Executive Board of Linde AG and Farid Asfour, Vice President, CCC, and marks the start of a new phase in an already successfully working relationship between Borouge, Linde and CCC.

Photo: From right to left: Mr Farid Asfour, CCC Vice President, Mr Michael Clos, German Federal Minister for Economics and Technology, HE Sheikha Lubna Al Qasimi UAE Minister of Economy, Federal Chancellor of Germany Angela Merkel, Mr Harri Bucht, CEO Abu Dhabi Polymers (Borouge), Dr Aldo Belloni Member of the Executive Board of Linde AG.

The cracker is the first step in Borouge 2, the major expansion project being undertaken by Borouge at its production facility in Ruwais, Abu Dhabi, which will triple annual production capacity to two million tonnes of Polyolefins.

The contract has been awarded to Linde Engineering in a consortium with CCC on a lump sum turn key basis, with preliminary work already under way and completion scheduled in 41 months' time in 2010.


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