Borouge announced a new wave of expansion projects on 28 April, aiming at boosting Borouge’s production capacity significantly.
The UAE-based polymers giant revealed that the projects could add between $165 million and $200 million in earnings.
As part of the plan, Borouge will upgrade its second ethane unit’s nameplate capacity by 15%, or 230,000 tonnes per year.
Linde Engineering will handle the expansion, with completion expected by the fourth quarter of 2028.
Meanwhile, Borouge will expand its fourth and fifth polyethylene (PE) units through Target Engineering Construction.
Each PE unit’s nameplate capacity will grow by about 30%, rising from 540,000 to 700,000 tonnes per year.
The polyethylene project targets start-up by the first quarter of 2027, strengthening Borouge’s competitive advantage.
Overall, polyolefins production capacity will surpass 6.6 million tonnes per year by the end of 2028.
In a statement, Borouge CEO Hazeem Sultan Al Suwaidi emphasized the company’s ambitions.
“We are strategically positioned for accelerated growth,” Al Suwaidi said while highlighting the expansion efforts.
He added that boosting Borouge’s production capacity would help meet global market demand and unlock new revenue streams.
Moreover, the CEO noted that the projects would strengthen Borouge’s global market leadership in the polymers sector.
Currently, Borouge operates under a strong partnership structure with Abu Dhabi National Oil Co (ADNOC) and Borealis.
ADNOC holds a 54% stake in the company, while Austria’s Borealis owns the remaining 36%.
The expansions also align with ADNOC’s broader industrial growth plans and the UAE’s economic diversification strategy.
By investing in ethylene and polyethylene capabilities, Borouge ensures long-term stability and stronger returns for shareholders.
The projects demonstrate Borouge’s commitment to innovation, sustainability, and boosting Borouge’s production capacity worldwide.
As the expansion plans move forward, Borouge aims to cement its position as a leading player in the global market.
