MOSCOW (MRC) -- Borouge has selected Neste Jacobs, a technology, engineering and project management company, as a front-end engineering and design (FEED) service contractor for its polyethylene (PE) plant modification project, located in the Ruwais industrial area of the UAE, said Hydrocarbonprocessing.
This project is the third FEED project in a row which Neste Jacobs is delivering to Borouge in the UAE under the long-term service contract that was previously signed between the two companies (Tier 1 contract).
"This contract is an important milestone in cooperation and partnership between Neste Jacobs and Borouge," said Jarmo Suominen, CEO of Neste Jacobs. "This project is also a proof that we are generating real added values for our customers and provide high quality services competitively in the Middle East and also globally."
The project scope includes FEED services such as process and plant engineering and project management. The project will be executed by Neste Jacobs' Abu Dhabi office, and it will be delivered within the course of year 2015.
"Neste Jacobs' extensive know-how of our polyethylene process technology and our production plants combined with Neste Jacobs' local presence in the Middle East were some of the most important selection criteria for choosing a FEED contractor," said Abdulla N. Ateya, senior vice president of Borouge's technical group.
"Neste Jacobs is our long-term engineering partner and we are very much looking forward to extending our good cooperation with them," he added.
As MRC informed earlier, Borealis and Borouge, the world's leading providers of innovative, value-creating solutions for the wire and cable industry, continue to deliver on their commitment to driving innovation in the global industry. Borealis and Borouge have developed new products such as Borealis PP4874 for data cables and Borealis LE0563 for submarine power cable jackets, which will be showcased at the 2014 Wire Dusseldorf. Thus, the company is going to launch its two new grades at the event.
Borouge is a joint venture between the Abu Dhabi National Oil company and Borealis.
Borealis is a leading provider of innovative solutions in the fields of polyolefins, base chemicals and fertilizers. Borealis is headquartered in Vienna, Austria, and operates in over 120 countries with around 5,300 employees worldwide.
MRC