{"id":104511,"date":"2025-06-12T00:00:00","date_gmt":"2025-06-12T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/adnoc-ls-forms-usd-531-mn-petrochemical-exports-partnership-with-borouge\/"},"modified":"2025-06-12T00:00:00","modified_gmt":"2025-06-12T00:00:00","slug":"adnoc-ls-forms-usd-531-mn-petrochemical-exports-partnership-with-borouge","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2025\/06\/12\/adnoc-ls-forms-usd-531-mn-petrochemical-exports-partnership-with-borouge\/","title":{"rendered":"Adnoc L&S forms USD 531 mn petrochemical exports partnership with Borouge"},"content":{"rendered":"

Borouge taps Adnoc L&S to boost petrochemical exports:<\/strong> Adnoc Logistics & Service (Adnoc L&S) has entered into a 15-year partnership with Adnoc petrochemicals JV Borouge to expand the production and export of petrochemicals from the Emirates, according to a statement<\/a>(pdf)<\/a>.<\/a> The agreement is expected to generate USD 531 mn (c. AED 2 bn) in value as well as USD 50 mn (c. AED 183.6 mn) in cost savings and efficiencies in the first five years, the statements said. <\/p>\n

What\u2019s in the cards:<\/strong> Adnoc L&S will oversee the transportation of up to 70% of Borouge\u2019s annual production \u2014 offering its port management, container handling, and feeder container ship services for Borouge\u2019s Al Ruwais Industrial City container terminal. Adnoc L&S is set to dispatch at least two container feeder ships to convey output from Al Ruwais to the ports of Jebel Ali and Khalifa Port.<\/span><\/p>\n

This comes as Borouge plans to boost production:<\/strong> In a bid to maximize output of its polyolefin complex, the firm is pursuing its Borouge 4 mega project, which is expected to boost production capacity by 1.4 mn tonnes per year by the end of 2026. Borouge inked two contracts<\/a> for expansion projects, which, combined with the Borouge 4 mega project, aim to boost its production capacity<\/a> to over 6.6 mn tonnes per annum (tpa) by 2028. The projects are poised to generate between AED 600 mn and AED 730 mn in annual EBITDA.<\/p>\n

REMEMBER-<\/strong> Adnoc and Austria\u2019s OMV finalized terms of an agreement to merge<\/a> their polyolefins businesses after years of negotiations in March. The move created Borouge International \u2014 a USD 60 bn global polyolefins player set to be the world\u2019s fourth largest. The merged business, based in Austria with a regional HQ in the UAE, will have a capacity of 13.6 mn tonnes per year across Europe, the Middle East, and North America.<\/p>\n","protected":false},"excerpt":{"rendered":"

The 15-year contract will boost petrochemical production and exports, while saving over USD 50 mn in operational costs in the first five years<\/p>\n","protected":false},"author":1,"featured_media":104512,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2349],"tags":[57,2269,766,7,636],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-104511","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trade-and-logistics","tag-adnoc","tag-adnoc-logistics-and-services","tag-borouge","tag-enterpriseam-uae","tag-petrochemicals","wpautop","entry"],"acf":{"mongo_id":"7462977c-552c-4a5e-a8b0-f7bd7782d3c4","order":"4","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/6\/606.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Adnoc L&S forms USD 531 mn petrochemical exports partnership with Borouge","related_issue":[104504],"teaser":"The 15-year contract will boost petrochemical production and exports, while saving over USD 50 mn in operational costs in the first five years","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/6\/.8ba36c6b-3e3c-4709-b7d3-3a5bb2937b60.mp3"},"yoast_head":"\nAdnoc L&S forms USD 531 mn petrochemical exports partnership with Borouge - 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