Borouge, the joint venture between ADNOC and Austrian chemicals producer Borealis, has secured two contracts worth $15 million to supply polyolefins to UAE cable maker Ducab and Union Pipes Industry, its partner-customers.
The companies will use the polyolefins to produce energy and infrastructure applications needed to construct the Borouge 4 project in Ruwais, Borouge said on Tuesday.
Ducab will produce low and medium-voltage cables to power Borouge 4 using Borouge’s energy solutions while UPI will use Borouge’s “Made in UAE” solutions to produce pressure pipes for the cooling and public sanitation system of Borouge 4.
“Our latest agreements with Ducab and UPI signal the continued progress of the Borouge 4 project and are a testament to our commitment to the UAE’s in-country value programme — providing locally sourced and ‘Made in UAE’ solutions that shape a strategic project of this scale,” said Borouge CEO Hazeem Al Suwaidi.
“We look forward to building on our track record of success and unlocking long-term value through the aggressive pursuit of revenue growth and cost optimisation.”
