BOROUGE 4 LLC

Borouge 4 Polymer Complex Expansion (Ruwais) - SACE Covered Loan

Borrower(s)
BOROUGE 4 LLC
Industry
Oil & gas/Chemicals/Petrochemicals
Area of finance
Project & Infrastructure Finance
Region
Middle East
Middle East
Countries
United Arab Emirates

Deal Overview

SACE backed financing for Borouge 4, a new polyolefins complex being built in Ruwais by major shareholders ADNOC and Borealis, set to begin operations in 2025. Borouge is a petrochemical company that specialises in innovative and distinctive polyolefin solutions. The new complex is expected to...

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Deal Volume
$3.19bn
Financial Close
19/05/2023
Dealmakers
Nabil Bishara

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Claudio Pileri

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Francesca Beomonte

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Laura Fourcade

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Anne Robert

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William Hsu

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Doris Pignitter

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Gorka Torras

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Daniela Mohtadi

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David Albagli

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Michela Canzi

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Alessandro Aiello

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Paula-Andrea Parra-Sanchez

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Congfang Wan

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Gabriela Ramirez de Haro

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Eid Nagib

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Theo Coutant

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Sebastien Grillet

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Apurva Kulkarni

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Sources
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Project Deals

Borouge 4 Polymer Complex Expansion
$6.2bn
Brownfield
Chemicals/Petrochemicals
Middle East
Middle East
United Arab Emirates