Company records net profit of $193mn for Q2 2025 against revenue of $1.31bn; Borouge 3 turnaround executed 8 days ahead of schedule
Borouge
Latest in Borouge
Artificial intelligence
Borouge and Honeywell to build AI-driven control room at Al Ruwais
Autonomous operations will enable Borouge to optimise production, reduce energy use, and enhance safety while reducing costs
Abu Dhabi
ADNOC L&S to transport 70% of Borouge’s production in $531mn deal
The contract period is for 15 years; Borouge to save more than $50mn in cost and efficiencies in the first five years alone
ADNOC
ADNOC Group companies announces $2.3bn profit in Q1
ADNOC Group’s public companies saw robust profits in first three months of 2025
Abu Dhabi
Borouge expansion projects to add $200mn to its annual EBITDA
Production capacity to reach over 6.6mn tonnes following the award of contracts to expand EU2 and polyethylene units
ADNOC
ADNOC Group of companies approved $6.7bn of dividends for shareholders for 2024
ADNOC Group public companies have approved massive dividend pay-outs for shareholders
Abu Dhabi Securities Exchange
Borouge plans a buyback for up to 2.5% of its outstanding shares
The Abu Dhabi petrochemical company also seeks shareholders’ approval for final 2024 dividends of AED0.794 fils per share
ADNOC
ADNOC and OMV to create $60bn chemical powerhouse Borouge Group International
Borouge and Borealis combine to form $60bn Borouge Group International with polyolefins capacity of appx 13.6mn tons per annum; New entity to acquire Nova Chemicals for $13.4bn
ADNOC
ADNOC companies report $50bn revenue and $9bn net profit
ADNOC’s L&S, Gas, Drilling, Distribution arms, plus Fertiglobe and Borouge drive massive dividends and revenue
Abu Dhabi
Borouge beats market expectations with 24% jump in 2024 net profit
Production levels soar to a historic 5.2 million tonnes and record annual sales volumes reach 5.3 million tonnes
Abu Dhabi
Borouge shareholders approve $650 million interim dividend
Dividend equates to 7.94 fils per share for first half of 2024; Last date of purchase is 5 Sep and record date set for 9 Sep
Borouge
Higher sales and cost optimisation drive Borouge’s net profit
Reports $308 million net profit for Q2 and $581 million for H1; Capacity utilisation rates are 114% for polyethylene and 103% for polypropylene
Abu Dhabi
Abu Dhabi’s Borouge to construct Speciality Polyolefins complex in China
A consortium with Borouge, ADNOC and Borealis to collaborate with Wanhua Chemical; New plant to produce 1.6 MTPA of speciality polyolefins
Abu Dhabi
Cost management the key as Borouge net profit increases 16%
Despite a 16% dip in global polyolefins prices, Borouge increase net profit by 16%; Declares 15.9 fils per share dividend for the year 2024
Abu Dhabi
Borouge 4, UAE’s largest industrial project, hits major landmark
The mammoth facility at Al Ruwais Industrial City, being built over 3.4 million sqmt, is more than 50% complete and on track for 2025 opening
Abu Dhabi
Borouge shareholders approve interim dividend of $650 million
Company reiterates commitment to paying $1.3 billion in dividends for the financial year 2023
Borouge
Borouge negotiates tough market conditions to post $2.8 billion revenue
Company’s Value Enhancement Programme delivers a positive impact of $253 million year-to-date; Board endorses $650 million interim dividend