ADNOC and Ravago Group To Explore Collaboration Opportunities

Posted On May 17th, 2018 - 3:17 pm | by Oil and gas press

The Abu Dhabi National Oil Company (ADNOC) announced that it has signed a Memorandum of Understanding (MOU) with Ravago Group (Ravago), a leading service solutions provider in the global polymers and chemicals market, to explore opportunities for cooperation at the Ruwais Industrial Complex in the UAE.

As part of ADNOC’s efforts to maximize value across its value chain, Ravago and ADNOC will explore ways to upgrade and commercialize the non-prime product generated at Borouge, the joint venture between ADNOC and Austria-based Borealis. This process, known as compounding, would take place at the proposed facility, situated in the Ruwais Industrial Complex.

Source / More : ADNOC

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