Tag: petrochemicals

Energy, Oil & Gas

Borouge posts $1.2bn revenue in Q1 2026

Borouge, an Abu Dhabi–based petrochemicals company, reported $1.2 billion revenue, $343 million EBITDA and $156 million profit in Q1 2026. Production hit 1.21 million tonnes at 98 per cent capacity, while 61 per cent of March output was rerouted amid Strait of Hormuz logistics disruptions. ...

Energy, Oil & Gas

Petro Rabigh cuts accumulated losses to 14.77% of share capital

Petro Rabigh, a leading petrochemical company jointly owned by oil giant Aramco and Japan's Sumitomo Chemical, has announced that it has cut its accumulated losses to 14.77% of share capital, dropping below a key regulatory threshold after a capital reduction and a return to profit. ...

Energy, Oil & Gas

Major fire breaks out at Borouge plant in Abu Dhabi from falling debris

Senior UAE authorities have ‌reported damage at a major plant of leading petrochemicals company ​Borouge located in ​Abu Dhabi ​after falling debris from ⁠an air ​defence interception ignited ​three fires, but no injuries were reported. Earlier, authorities ​said ​operations ⁠at the plant were ​suspended because ​of ⁠the blaze. ...

Energy, Oil & Gas

Borouge achieves $1.1bn 2025 net profit in 2025

Borouge, an Abu Dhabi–based petrochemicals company, has announced financial results for FY2025, with net profit of $1.1 billion, an industry-leading adjusted EBITDA margin of 37 per cent and a net profit margin of 19 per cent for the full year....