Abu Dhabi Polymers Co., or Borouge, a joint venture between Abu Dhabi National Oil Co. and Vienna-based Borealis, Monday said it launched a study to determine the feasibility of a third expansion of its petrochemicals complex in the U.A.E.'s largest emirate.
The feasibility study will determine whether to implement phase three, also known as Borouge 3, to add as much as 2.5 million tons a year of polyolefin capacity at its site at Ruwais in the west of Abu Dhabi emirate by 2014, the company said in an emailed statement.
Borouge's plans for the $5 billion second phase expansion at the site, which will more than double output to 2 million tons a year of polyethylene and polypropylene, are on track for completion in 2010, the company said.