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Home » Borouge PLC (BOROUGE) | Abu Dhabi Securities Exchange

Borouge PLC (BOROUGE) | Abu Dhabi Securities Exchange

NyongesaSande News Desk by NyongesaSande News Desk
9 months ago
in Companies
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Borouge PLC (BOROUGE) | Abu Dhabi Securities Exchange

Borouge PLC (BOROUGE) is a UAE-based petrochemical company specializing in the production of polyolefins, including polyethylene and polypropylene. A joint venture between Abu Dhabi National Oil Company (ADNOC) and Borealis of Austria, Borouge was founded in 1998. The company focuses on high-end, differentiated applications in the Middle East, Asia Pacific, and Africa.

Borouge manufactures polyolefin products used in a range of industries, including:

  • Healthcare products
  • Mobility products
  • Packaging
  • Power transmission cables
  • Greenhouse films

Its primary production facilities are located in Abu Dhabi, UAE, where the company produces Borstar Enhanced Polyethylene and Borealis specialty products.

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Subsidiaries

  • Abu Dhabi Polymers Co Ltd (Borouge) – The production unit based in Abu Dhabi.
  • Borouge Pte Ltd – A subsidiary based in Singapore that handles regional operations.

Key Leadership

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  • CEO of Abu Dhabi Polymers Co Ltd (Borouge): Hazeem Sultan Al Suwaidi
  • CEO of Borouge Pte Ltd: Rainer Hoefling

Recent Developments
In 2022, Borouge was listed on the Abu Dhabi Securities Exchange, raising $2 billion in its initial public offering (IPO). In March 2025, a merger with Borealis and the acquisition of Nova Chemicals for $9.7 billion was announced, creating a $60 billion global polyolefins leader and making it the fourth-largest polyolefins producer worldwide by production capacity.

Country of Incorporation
United Arab Emirates (UAE)

Incorporation Date
April 28, 2022

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Business Sector
Chemicals

Company Address
Borouge Tower, Sheikh Khalifa Energy Complex, Corniche Road, PO Box 6925, Abu Dhabi, UAE

Tags: Abu DhabiAbu Dhabi Securities ExchangeBorougechemicalspolyethylenepolyolefin plasticspolyolefinspolypropyleneUAE petrochemicals
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