“Borouge” and “Nafco” sign an agreement worth $43.6 million.

The petrochemical company “Borouge ” has signed a two-year agreement worth 160 million dirhams (approximately 43.6 million dollars) with “Nafco” to supply it with innovative pipelines that will be used in large national and regional infrastructure projects.

Based on this collaboration, Borouge will provide a diverse portfolio of pipe solutions, made from the innovative and sustainable material of polyethylene (PE100).

On this occasion, Hazeem Al-Swaidi, the CEO of Borouge Petrochemical Company, stated:

Our partnership with “NAFCO” confirms our commitment to providing the latest advanced polyolefin technologies to support large projects. Through this two-year collaboration, Prog will provide its innovative polyethylene solutions to support large local and regional projects, highlighting the potential of our innovative solutions and emphasizing our dedication to enhancing economic diversity and expanding the industrial sector in the United Arab Emirates. We are proud of our leading role in supporting domestic products and confirming the quality of locally designed products according to international best practices.

Pressure pipes have a high resistance against corrosion and chemicals, making them highly durable in the face of natural disasters and harsh industrial conditions, including corrosion and cracking due to intensive use. In addition, these pipes are capable of withstanding pressure in the long term, making them one of the most efficient and reliable solutions in the market.

Ahmed Al-Khatib, the executive director of Nafco, said:

Our collaboration with a partner such as “Proge” allows us to enhance our portfolio of products for customers in the growing market of the United Arab Emirates. It also enables us to efficiently meet the needs of infrastructure development projects. The company’s commitment to innovation and sustainability, particularly in the production of these high-quality pipes bearing the “Made in the UAE” mark, aligns with our mission to provide the best fire safety products. This collaboration confirms our commitment to leadership in this industry and driving innovation in fire protection technology, solidifying the state’s leading position in this field.

Under this two-year agreement, Borouge will provide advanced infrastructure solutions to support Nafco across its various projects in the region in the field of infrastructure, including the Guggenheim Abu Dhabi Museum, the Riyadh City Project, the Mohammed Bin Zayed City Project, the Yas Island Development Project, the Dubai Hills Project, the Heart of Europe Island Project, and projects by the Union Company for Water and Electricity.

Borouge Pte Ltd, a company listed on the Abu Dhabi Securities Exchange, is one of the leading petrochemical companies providing innovative and diverse polyolefin solutions for the infrastructure, energy, automotive, healthcare, agriculture, and advanced packaging sectors. Borouge employs over 3100 employees and serves a wide customer base in more than 86 countries across Asia, the Middle East, and Africa.

Borouge Company was established in 1998 as a strategic partnership between Abu Dhabi National Oil Company (ADNOC) and Borouge Company to construct and operate a polyolefin manufacturing complex in Al Ruwais Industrial City in the United Arab Emirates, which is now one of the largest integrated polyolefin production complexes in the world. ADNOC holds the majority stake in Borouge BC with a 54 percent ownership, while Borouge Company holds a 36 percent stake.