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
Borouge 4
Latest in Borouge 4
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
Borouge
Borouge bags $15mn supply contracts from two local companies
Both companies – Ducab and Union Pipes Industry – will use Borouge materials to produce energy and infrastructure applications to construct Borouge 4
Abu Dhabi National Oil Company
Early work starts in Borouge 4 as it targets 6.4 million tonnes polyolefin production
The new plan is built over an area equivalent to 500 football pitches and will play an important role in the future of UAE’s industry sector