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Linde wins 1.3-bln-dollar contract in United Arab Emirates
0 Comments | AFP, November, 2006
WIESBADEN, Germany (AFP) — German engineering conglomerate Linde has said it has won a contract worth 1.3 billion dollars (one billion euros) to build one of the world's largest ethane crackers in the United Arab Emirates. Linde said in a statement that is was part of a consortium that had a turnkey contract for an ethane cracker from Borouge, a joint venture between the Abu Dhabi National Oil Company (ADNOC) and Borealis.
The so-called stream cracker will have an ethylene capacity of approximately 1.5 million tonnes and would be "the heart of a petrochemical complex, located in Ruwais in the United Arab Emirates, producing polyethylene and polypropylene for export," the statement said Wednesday. The contract was one of the biggest orders in Linde's history. The project...
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