(Borealis) -- Borouge, a
joint-venture between the Abu Dhabi National Oil Company (ADNOC), one of the
world"s major oil companies, and Borealis, a leading provider of chemical and innovative
plastics solutions, has awarded the contract worth AED 260 million for the
construction of its Innovation Centre in Abu Dhabi, UAE, to Associated
Construction and Investments Company (ASCON), the civil arm of the successful
ETA-ASCON Group.
The new Innovation Centre, planned for completion by the end of 2011, will
house more than 50 international researchers and engineers focusing on
developing innovative plastics solutions for the pipe, automotive and advanced
packaging industries. The Centre itself will cover approximately 18,000 m2
and the contract includes construction of a training centre for the Gulf Plastic
Pipes Academy (GPPA).
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