Companies
Borouge
United Arab Emirates · Petrochemicals (polyolefins) · State-controlled, listed · ADX: BOROUGE · Abu Dhabi
Borouge plc is a public company incorporated in Abu Dhabi Global Market on 28 April 2022 and listed on the Abu Dhabi Securities Exchange, serving as the holding company for Abu Dhabi Polymers Co. (Borouge) and Borouge Pte., according to its audited 2025 consolidated statements. Those statements report revenue of USD 5,847,773 thousand and profit attributable to shareholders of USD 1,089,178 thousand, against USD 6,026,123 thousand and USD 1,225,273 thousand in 2024, and give ownership at the end of 2025 as ADNOC 54%, Borealis Middle East Holding 36% and the public 10%. The company's dividend announcement of 21 August 2026 says Borouge International, formed on 30 March 2026, has owned a 90% stake in Borouge since March 2026; a company announcement of 19 March 2026 expects the Borouge Group International listing and the proposed tender offer in 2027.
Verified · updated 24 Oct 2026
Key facts
$5.85 bn
Revenue
Borouge plc — reports and audited consolidated financial statements, 31 December 2025 (ADX)·FY2025·source dated 3 Feb 2026·updated 24 Oct 2026·About this indicator
$1.09 bn
Net income
Borouge plc — reports and audited consolidated financial statements, 31 December 2025 (ADX)·FY2025·source dated 3 Feb 2026·updated 24 Oct 2026·About this indicator
Ownership and relationships
- Chairperson:Sultan Ahmed Al JaberBorouge plc — reports and audited consolidated financial statements, 31 December 2025 (ADX) · source dated 3 Feb 2026 ↗
- Chief Executive Officer:Hazeem Sultan Al SuwaidiBorouge plc — H1 2026 interim dividend announcement (21 Aug 2026, ADX) · source dated 21 Aug 2026 ↗
Key people
- Hazeem Sultan Al Suwaidi · Chief Executive Officer, Borouge
History
| Key indicators | Period | Value | Source |
|---|---|---|---|
| Revenue | FY2025 | $5.85 bn | Borouge plc — reports and audited consolidated financial statements, 31 December 2025 (ADX)·FY2025·source dated 3 Feb 2026·updated 24 Oct 2026 |
| Revenue | FY2024 | $6.03 bn | Borouge plc — reports and audited consolidated financial statements, 31 December 2025 (ADX)·FY2024·source dated 3 Feb 2026·updated 24 Oct 2026 |
| Net income | FY2025 | $1.09 bn | Borouge plc — reports and audited consolidated financial statements, 31 December 2025 (ADX)·FY2025·source dated 3 Feb 2026·updated 24 Oct 2026 |
| Net income | FY2024 | $1.23 bn | Borouge plc — reports and audited consolidated financial statements, 31 December 2025 (ADX)·FY2024·source dated 3 Feb 2026·updated 24 Oct 2026 |