Borouge Set To Boost Production Capacity To Over 6.6 Mln Tonnes

Reuters

04-28

April 28 (Reuters) - BOROUGE ::
*SET TO BOOST PRODUCTION CAPACITY TO OVER 6.6 MILLION TONNES
*EXPANSION PROJECTS SET TO ADD OVER 200,000 TONNES PER ANNUM OF NEW CAPACITY
*EXPANSION PROJECTS WILL CONTRIBUTE UP TO $200 MILLION (AED730 MILLION) IN ANNUAL EBITDA
*AWARDED TWO MAJOR CONTRACTS AIMED AT BOOSTING NAMEPLATE CAPACITY OF EU2 AND PE4 AND PE5
*LINDE ENGINEERING HAS BEEN AWARDED A CONTRACT FOR FRONT-END ENGINEERING DESIGN (FEED) SERVICES TO UPGRADE BOROUGE’S SECOND ETHANE UNIT (EU2) WITH AN ADDITIONAL CAPACITY OF 230,000 TONNES PER ANNUM (TPA)
*STRATEGIC PROJECT IS EXPECTED TO INCREASE THE EU2 CRACKER’S CAPACITY BY 15%, DELIVERING SIGNIFICANT FINANCIAL GAINS UPON COMPLETION IN Q4 2028
*ALSO AWARDED TARGET ENGINEERING CONSTRUCTION COMPANY AN ENGINEERING, PROCUREMENT, AND CONSTRUCTION $(EPC)$ CONTRACT FOR EXPANSION AND REFURBISHMENT OF ITS PE4 AND PE5 PRODUCTION UNITS
*Further company coverage: BOROUGE.AD
* ((Reuters.Briefs@thomsonreuters.com;))

((Reuters Investor Briefs; email: reutersinvestor.briefs@thomsonreuters.com))
Source Date/Time = 28-APR-202505:30:10.623 GMT

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BOROUGE <borouge.ad>::<br/>*SET TO BOOST PRODUCTION CAPACITY TO OVER 6.6 MILLION TONNES<br/>*EXPANSION PROJECTS SET TO ADD OVER 200,000 TONNES PER ANNUM OF NEW CAPACITY<br/>*EXPANSION PROJECTS WILL CONTRIBUTE UP TO $200 MILLION (AED730 MILLION) IN ANNUAL EBITDA<br/>*AWARDED TWO MAJOR CONTRACTS AIMED AT BOOSTING NAMEPLATE CAPACITY OF EU2 AND PE4 AND PE5<br/>*LINDE ENGINEERING HAS BEEN AWARDED A CONTRACT FOR FRONT-END ENGINEERING DESIGN (FEED) SERVICES TO UPGRADE BOROUGE’S SECOND ETHANE UNIT (EU2) WITH AN ADDITIONAL CAPACITY OF 230,000 TONNES PER ANNUM (TPA)<br/>*STRATEGIC PROJECT IS EXPECTED TO INCREASE THE EU2 CRACKER’S CAPACITY BY 15%, DELIVERING SIGNIFICANT FINANCIAL GAINS UPON COMPLETION IN Q4 2028<br/>*ALSO AWARDED TARGET ENGINEERING CONSTRUCTION COMPANY AN ENGINEERING, PROCUREMENT, AND CONSTRUCTION <a href=\"https://laohu8.com/S/EPC\">$(EPC)$</a> CONTRACT FOR EXPANSION AND REFURBISHMENT OF ITS PE4 AND PE5 PRODUCTION UNITS<br/>*Further company coverage: BOROUGE.AD<br/>* ((Reuters.Briefs@thomsonreuters.com;))<br/><br/>  ((Reuters Investor Briefs; email: reutersinvestor.briefs@thomsonreuters.com))<br/>  Source Date/Time = 28-APR-202505:30:10.623 GMT</borouge.ad></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0234572021.USD","symbol_name":"高盛美国核心股票组合Acc","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250428:nRSDs94q5:1","article_id":"2530417184","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2530417184","pubTimestamp":1745819173,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"April 28 (Reuters) - 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