News

Austrian energy group OMV expects the Borouge-Borealis merger to have a positive effect of 120 million euros ($140.8 million) ...
This transfer, which is subject to regulatory approvals, is aligned with ADNOC's strategy to consolidate its international ...
A bu Dhabi National Oil Company (ADNOC) has announced its plan to transfer a 24.9% shareholding in Austrian oil and gas ...
Plastics materials M&A surged in the first half of 2025, led by a $13.4 billion acquisition of Nova Chemicals by newly formed ...
The Abu Dhabi petrochemicals producer intends to increase production of butene-1 from its Borouge 2 olefins conversion unit ...
DubaiADNOC will shift its 24.9 per cent holding in Austrian oil‐and‐gas group OMV AG into XRG P. J. S. C, the UAE sta ...
Abu Dhabi's Borouge announced a $400 million cost savings drive on Thursday to navigate inflation and supply chain disruptions, as it reported a 17% decline in fourth-quarter profit on pricing ...
Together with the Borouge 4 mega project, these expansion projects, once fully ramped up, will increase the company’s annual total polyolefins production capacity to over 6.6 million tpa by 2028.
Borouge Plc has reported a 16 per cent year-on-year (YoY) increase in net profit in the fourth quarter of 2023 to $288 million, bringing full-year n. Tuesday, 02 January 2024 12:17 GMT.
Borouge’s $2 Billion Abu Dhabi IPO Draws $83 Billion of Orders. UAE’s Adnoc and Borealis are listing 10% of the chemicals firm; Mideast has bucked volatility hurting global equity markets ...
Together, with Borouge 4 project, this revamp will help to boost Borouge’s annual total polyolefin production capacity to reach 6.5 million tonnes. Driving innovation with digitalisation and AI ...
Borouge delivered adjusted EBITDA of $541 million in the fourth quarter, flat on a year-on-year basis. Net profit for the period was $247 million, in line with market expectations.