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Markets :: Plastics :: Polyethylene

Borouge Signs $2.6 billion Contracts for Borouge 3

4:59 AM MDT | June 29, 2010 | Natasha Alperowicz

Borouge today signed contracts valued at $2.6 billion to build a previously announced Borouge 3 complex at Ruwais, Abu Dhabi. The company formally signed the three major contracts it awarded earlier for engineering, procurement and cosntruction at the Sheikh Khalifa Energy Complex in Abu Dhabi. Abdulaziz Alhajri, CEO of Borouge signed on behalf of Borouge while Roberto Bertocco, managing director of Tecnimont, Kiseok Park, CEO and president of Samsung Engineering, and Jung Kyum Kim, president and CEO of Hyundai Engineering and Construction, signed on behalf of...

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