In February 2019, its 50-50 joint venture company Borouge awarded front-end engineering and design (Feed) contracts for the Fourth phase of its expansion in Ruwais which will include a 1.8 mtpy
mixed feed cracker and add a total of 3.3 mtpy
of olefins and aromatics capacity.
PRII's P2.86-billion expansion in its plant in Mariveles, Bataan meanwhile will provide an additional 120,000 metric tons (MT) to its current 100,000 MTPY
With this transaction, the partnership's production capacity increases 29% to 2.2 m MTPY
and, together with the ten-year take-or-pay off-take contract announced on December 8, 2015, the weighted average remaining term of its off-take contracts extends significantly to 8.0 years.
Its product range and capacities have been expanded since then to include 1.95 mtpy
of ethylene; 100,000 tpy of polystyrene; 70,000 tpy of benzene; 70,000 tpy of butadiene; 100,000 tpy of butene-1; and varying quantities of vinyl chloride monomer (VCM) and styrene.
Nearly $200 billion invested in current LNG projects in Australia are set to come online from 2014 to 2017, boosting the country's export capacity from 2013 levels of 24.2 MTPY
to around 85 MTPY
by 2017, well above Qatar's current capacity.
Further growth is forecast for the current fiscal year, and the company has already received a package order for compressors at a 1.5 mtpy
ethylene production plant.
The per capita steel consumption of Pakistan is at 38 kg against a global average of 215 kg while annual demand for steel in the country is approximately 7.63 MTPY
The facility will have an initial production capacity of 8,000 MTPY
(metric tonnes per year) of high grade polysilicon, which is used for manufacturing solar panels.
For this an additional 15,000 MTPY
capacity will be set up at the company's Fertilizernagar Unit, Vadodara, Gujarat at an estimated cost of Rs.125 crore.
The project for additional 15,000 MTPY
capacity will be set up at Company's Fertilizernagar Unit, Vadodara, Gujarat at an estimated cost of Rs.125 crore.
The investment program involves doubling the capacity of Saba Steel Complex to 1.4 mtpy
by 2014 and installing a DRI module (1.5 mtpy