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Austrian energy group OMV expects the Borouge-Borealis merger to have a positive effect of 120 million euros ($140.8 million) ...
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Borouge prepares for era of ‘transformative’ growth - MSNUAE petrochemicals company Borouge is focusing on international expansion and long-term value creation as it gears up to become a next-generation global powerhouse. Borouge reported first-quarter ...
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 ...
The collaboration between Borouge and Honeywell is set to deliver the petrochemical industry’s first AI-driven control room designed for full-scale, real-time operation, establi ...
The Abu Dhabi petrochemicals producer intends to increase production of butene-1 from its Borouge 2 olefins conversion unit through the project ...
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.
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.
Borouge maintained its industry leadership in profitability, with an EBITDA margin of 41% in Q2, up from 37% a year earlier. Borouge’s premium products continued to drive strong sales performance, ...
Borouge CEO Hazeem Sultan Al Suwaidi said, “This agreement builds on our longstanding collaboration with ADNOC L&S, a partnership that has been instrumental in meeting the evolving needs of our ...
Chemicals prices have bottomed out and may pick up next year, Borouge Plc said after reporting a decline in quarterly profit. “The expectation is that we have seen the trough,” Jan Martin ...
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