Maire Tecnimont SpA’s main subsidiaries have been granted several new awards and additional works of existing contracts for a total of US$730 million for licensing, engineering services and engineering, procurement and construction (EPC) services. These contracts have been awarded by some of the most remarkable international clients located in Europe, Middle East, South East Asia and Americas.
Among the new acquisitions, Tecnimont SpA has been awarded an EPC contract by Borouge for a new polypropylene unit (PP5 Project) in Ruwais, Abu Dhabi, UAE. Borouge is the joint venture between Abu Dhabi National Oil Co. (ADNOC) and Borealis.
The scope of work relates to a new polypropylene unit with a maximum production capacity of 480 000 tpy, and associated facilities, to be integrated within the existing Borouge 3 Complex. The project completion is expected by the end of 2021.
Maire Tecnimont Group has been supporting the development of Abu Dhabi’s petrochemical value chain since the late 1990s, with the first Borouge polyolefin complex (Borouge 1) completed in 2001. The group carried out two additional expansion projects in 2007 and 2010 (Borouge 2 and Borouge 3, respectively). This new EPC contract follows the front-end engineering design (FEED) phase that was already successfully completed by Tecnimont.
"The UAE is our second home and we have a deep knowledge of the market and its players: it is one of the most suitable environments for a technology-driven EPC contractor such as our Group” said Pierroberto Folgiero, Maire Tecnimont Group CEO. “We are honoured to contribute once again to Abu Dhabi’s development plans, and to further strengthen a mutually beneficial partnership with a prestigious client such as Borouge.”
Read the article online at: https://www.hydrocarbonengineering.com/refining/16072018/maire-tecnimont-awarded-contract-for-polypropylene-unit/