Borouge Plc (United Arab Emirates)

The Company owns, maintains and operates ethylene , propylene , polyethylene and polypropylene plants in Ruwais in the Emirates of Abu Dhabi producing ethylene , propylene, high density and linear low density polyethylene and polypropylene.
The Company s missi on is to Value creation through people and innovation
The Company s vision to be the recognised leader in creative polyolefin solutions that have a positive impact on society today and tomorrow .
The Company s values; one family working together in making the company a grea ter place for it and generations to come, through living and breathing its five values of progressive, collaborative, responsible, respectful and efficient .
The Company is a leading provider of innovative, value creating polyolefin solutions. A joint venture between the Abu Dhabi National Oil Company (ADNOC), one of the world's major oil and gas companies and a leading diversified energy and petrochemicals group wholly owned by the Emirate of Abu Dhabi, and Austria based Borealis , one of the world's leading providers of advanced and circular polyolefin solutions and a European market leader in base chemicals, fertilizers and the mechanical recycling of plastics.
The Company started production in 2001 with 450,000 tonnes per year and in 2010 Borouge tripled its annual production capacity to 2 million tonnes. In 2015 The Company increased its annual capacity to 4.5 million tonnes, increasing it to 5 million tonnes in 2022. The company is planning to achieve 6.4 million tonnes by 2025, a 14-fold increase in overall capacity since its first production.
It has increased its production capacity by 10x from 2001 to Q1 2022 to reach 5 million tonnes per year, with all expansion projects completed on time and on budget. It operates a young and well-maintained asset base with limited maintenance capital expenditure levels, which further enhances its production capacity.
The Company is expanding its commercial and logistics network in the Middle East and Asia. Focused on its company's mission 'value creation through people and innovation', it ensures it plays a vital role in supporting the industry by developing creative solutions that bring value to polymer manufacturers, convertors and end-users.
Headquartered in the United Arab Emirates, with an innovation centre in Abu Dhabi and a manufacturing plant in Ruwais, an application centre and a compounding plant in Shanghai; and a marketing centre in Singapore Borouge employs more than 3,000 people with over 60 nationalities, serving customers in 50 countries across the Middle East, Asia and Africa.
The Company was established in April 28, 2022, and was registed under registration no.000007602.
The Company was listed on Abu Dhabi stock exchange in June 2 ,2022.