Borouge, in partnership with ADNOC and Borealis, is launching a feasibility study for a new specialty polyolefins complex in China, targeting 1.6 MTPA production while emphasizing sustainability through zero-carbon initiatives.

Target Information

Borouge Plc, a prominent petrochemicals firm, is spearheading a significant joint feasibility study alongside ADNOC and Borealis for a greenfield project in collaboration with Wanhua Chemical in China. The proposed facility, located in Fuzhou, Fujian Province, aims to produce 1.6 million tonnes per annum (MTPA) of specialty polyolefins. This initiative aligns with Borouge’s strategic vision to strengthen its position within the rapidly expanding Asian market.

The new complex will utilize Borealis’ advanced proprietary Borstar® technology, complemented by Borouge's extensive sales network, enhancing the overall operational efficiency and market penetration of the consortium. The project is set to be developed as a joint venture with Wanrong New Materials (Fujian), with an equal shareholding structure, pending necessary regulatory approvals.

Industry Overview in China

China's polyolefin industry has emerged as a global powerhouse, accounting for approximately 40% of worldwide consumption. The country has prioritized petrochemical self-sufficiency, fostering an environment of growth that is support