ADNOC and Borealis sign $6.2B investment agreement to build Borouge 4 in Ruwais

ADNOC and Borealis signed a final investment agreement worth USD 6.2 billion to build Borouge 4, a polyethylene expansion at the Ruwais complex in the UAE. It will produce 1.4 million tons of polyethylene per year, including a 1.5 million ton ethane cracker.

“today witnessed the signing of a strategic partnership that confirms an USD 6.2 billion investment agreement between ADNOC and Borealis AG to build the fourth Borouge facility”omv.com

• 1 source
• omv.comKhaled bin Mohamed bin Zayed witnesses signing of USD 6.2 billion strategic partnership between ADNOC and Borealis to expand Borouge facility | OMV.comNov 15, 2021

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