Borouge has confirmed shareholder approval of a final 2025 dividend of $658 million (8.1 fils per share), bringing the total dividend for the year to $1.32 billion. 

 

The payment will be made on or around 7 May 2026 to shareholders of record as of 17 April 2026. Including this payout, Borouge has distributed $4.89 billion in dividends since listing, ranking among the largest distributions on the Abu Dhabi Securities Exchange.

 

“Demonstrating strong market resilience, Borouge Plc continues to lead the industry as the world’s most profitable polyolefins company, supported by its robust financial position,” said Sultan Al Jaber, Chairman of Borouge.

 

'Building on this strength, the Company is advancing its transformative growth journey through Borouge International. We are evolving into a global polyolefins powerhouse, combining technology leadership, cost efficiency and expanded scale across North America, the Middle East, and Europe. Together, these advantages will make us stronger, more resilient, and better positioned to navigate market cycles while delivering sustained value to our shareholders.”

 

On 31 March 2026, XRG and OMV completed the combination of Borouge and Borealis GmbH into Borouge Group International AG and finalized the acquisition of NOVA Chemicals Corporation, creating the world’s leading pure-play polyolefins company.

 

“Borouge delivered a strong and resilient performance in 2025, reaffirming the strength of our operating model in a dynamic global polyolefins market,” said Hazeem Sultan Al Suwaidi, Chief Executive Officer. 

 

“We reinforced our leading cost position and our ability to deliver consistent performance across the cycle. As we enter an exciting new phase of growth under Borouge International, we remain focused on driving value for our shareholders through high-margin, differentiated products and sustaining strong pricing premia across our portfolio.”

 

A proposed tender offer to convert Borouge shares into Borouge International shares is expected in 2027, subject to market conditions and UAE Capital Market Authority approval. Until then, Borouge International will remain privately held, while Borouge Plc continues to trade on the ADX. Shareholders will continue to benefit from an intended annual dividend of 16.2 fils per share, which Borouge International intends to maintain following the tender offer.

 

Under a new agreement with ADNOC and OMV, Borouge Plc has gained operational control and marketing rights for the Borouge 4 mega project, expected to generate $400 million in net profit over three years, or roughly 10% annual earnings accretion.

 

Operations Update Amid Market Disruptions

Borouge Plc is closely monitoring operations following an incident on 5 April at its Ruwais facility, which led to temporary production suspension in affected areas. 

 

“In the first quarter of 2026, Borouge achieved high utilisation rates and was able to sell a significant proportion of its production during the month of March via alternative routes, with additional inventories placed in storage ahead of shipment,” the company said. 

 

A global polyolefins shortage has driven a strong recovery in prices, which continued into April. Borouge retains significant financial resilience to navigate short-term disruptions due to strong cash generation and liquidity.