Borouge PLC (BOROUGE) is a UAE-based petrochemicals company and polyolefin manufacturer that operates as a joint venture between Abu Dhabi National Oil Company (ADNOC) and Borealis of Austria. Founded in 1998, Borouge specializes in the production of polyethylene (PE) and polypropylene (PP). The company serves high-end applications across various industries in the Middle East, Asia Pacific, and Africa.
Borouge is structured into two complementary entities:
- Abu Dhabi Polymers Co Ltd (Borouge): Based in Abu Dhabi, responsible for production.
- Borouge Pte Ltd: Located in Singapore, handles distribution and market expansion.
Borouge’s primary focus is on high-performance products used in consumer goods, infrastructure, and mobility sectors, including items such as:
- Greenhouse films for agriculture
- Cables for power transmission
- Healthcare and packaging materials
- Fittings and pipes
Subsidiaries
- Abu Dhabi Polymers Co. Ltd
- Borouge Pte Ltd
Key Leadership
- CEO (Abu Dhabi Polymers Co Ltd): Hazeem Sultan Al Suwaidi
- CEO (Borouge Pte Ltd): Rainer Hoefling
Recent Developments
In 2022, Borouge was listed on the Abu Dhabi Securities Exchange (ADX), raising $2 billion in its initial public offering (IPO). In March 2025, ADNOC and OMV announced the merger of Borouge with Borealis and the acquisition of Nova Chemicals for $9.7 billion, creating a $60 billion global polyolefins leader, making Borouge the fourth-largest producer in the world by production capacity.
Country of Incorporation
United Arab Emirates (UAE)
Incorporation Date
April 28, 2022
Business Sector
Chemicals
Company Address
Borouge Tower, Sheikh Khalifa Energy Complex, Corniche Road, PO Box 6925, Abu Dhabi, UAE
