(Borealis) -- Borouge, a joint-venture between the Abu Dhabi National Oil Company (ADNOC), one of the world's major oil companies, and Borealis, a leading provider of chemical and innovative plastics solutions, and The Linde Group, a world leading gases and engineering company, formally signed a US$ 1.075 billion contract for the construction of a 1.5 million tonnes per year (t/y) ethane cracker at Borouge's production site in Ruwais, Abu Dhabi, in the UAE.
The new cracker, the third of its kind to be built by The Linde Group for Borouge in one decade, complements the existing 600,000 t/y ethane cracker at the plant. After completion of the new cracker, Borouge will have the world's largest ethane cracker complex, setting a new benchmark for the industry.
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