*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