Borouge
Manufacturing · United Arab Emirates · 1K - 5K Employees
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Overview
Headquarters
Borouge Tower Shaikh Khalifa Energy Comp...Phone Number
+971 27080000Website
www.borouge.comRevenue
$1.3 BillionStock Symbol
BOROUGEIndustry
ZI Rank: 1
Signal Type
Mar
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ZI Rank
1
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About Borouge
Borouge, founded in 1998 and headquartered in UAE, is a manufacturer of various plastic products.Explore more
Borouge Org Chart
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Company Profile Activity
Activity Insights
Borouge is experiencing very low activity levels compared to other companies in the Manufacturing sector.
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Borouge is drawing exceptional interest within the Manufacturing industry, suggesting notable developments or strong market momentum, learn more about Borouge.
Borouge financials insights
Gather financial insights about Borouge, including details on funding rounds, investors, total funding, and acquisitions, to gain a comprehensive understanding of their financial strategy.
2022
Stock Offering
$2B
Borouge Tech Stack
A closer look at the technologies used by Borouge
Most Recent Scoops
Pain Point
experienced asset damage at its Ruwais complex following a security incident on 5 April, resulting in the temporary suspension of production in the affected unit while assessments and repairs were undertaken. Full production availability was safely restored by the end of June, ahead of schedule, with repair costs expected to result in only a limited increase in 2026 maintenance capital, which the company continues to expect will remain below $300 million for the full year.
Asset Management, Facilities Maintenance
Earnings
Borouge has reported that approximately 29 million tons of regional polyethylene and polypropylene capacity, representing 19% of total capacity, was affected across its core Asia Pacific markets during Q2 2026, driven by Middle East-related feedstock shortages that led to significant capacity outages. While some producers secured alternative feedstock supplies and intermittent flows through the Strait of Hormuz continued, operating rates across many assets remained below normal levels for much of the quarter.
Logistics / Supply Chain, Manufacturing Operations
Earnings
Borouge has reported a significant increase in propylene feedstock expenses beginning in March 2026 and continuing through the end of Q2, driven by a supply contract linked to market prices, with propylene prices having since reduced in July but remaining above pre-conflict levels. Selling and distribution expenses increased significantly during the quarter to $254 per ton, reflecting higher rates and logistics costs associated with the use of alternative export routes implemented following the regional disruption.
Logistics / Supply Chain, Finance, Financial Operations
Earnings
Sales
Borouge News & Media
ADNOC acquires stake in OMV - Oil Review Middle East
ADNOC has acquired a 24.9% shareholding in Austria-headquartered OMV AG (OMV) from Mubadala Investment CompanyADNOC seeks to expand assets with Covestro, Braskem, Borealis, Borouge
Abu Dhabi National Oil Co. (ADNOC) is looking to expand its plastics and chemicals assets through deals involving materials firms Covestro, Braskem, Borealis and Borouge.ADNOC Statement on Potential Borouge-Borealis Merger - Business - Energy - Emirates24
Abu Dhabi National Oil Company (ADNOC) P.J.S.C. (“ADNOC”) is excited to confirm that, following initial exploratory discussions, it has entered into formal negotiations with OMV AG (“OMV”), about the potential creation of a new combined petrochemicals hoBorouge Surges as Abu Dhabi Envisions $30 Billion Chemical Giant
(Bloomberg) -- Borouge Plc surged the most in over a year as Abu Dhabi explores an ambitious plan to use the company to create a chemicals and plastics giant worth more than $30 billion.Most Read from BloombergXi’s Metal Curbs Risk Backfiring as G-7 Seeks China AlternativeLazard Fires Senior Banker for Inappropriate Behavior at PartyChina Restricts Export of Chipmaking Metals in Clash With USRussian General Still Missing as Defense Chief Slams MutinyStocks Decline as China Data
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Borouge, founded in 1998 and headquartered in UAE, is a manufacturer of various plastic products.... Read More
