Borouge Scraps Propylene and Cumene-Phenol Plans

Borouge (Abu Dhabi), a 60-40 joint venture between Abu Dhabi National Oil Co. and Borealis, has scrapped plans to diversify its portfolio by making new products. The company had been studying the possibility of moving into basic petrochemicals other than ethylene. Plans included constructing a propane dehydrogenation plant and a world-scale, cumene-phenol complex (CW, Oct. 11/18, 2006, p. 18). Borouge has decided to concentrate on its core businesses and is no longer pursuing the study, CEO Abdul Aziz A. Al Hajri said recently at a media briefing held in Abu...

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