Borouge Plc approves $1.32 billion dividend, strengthens global expansion, maintains resilience, and advances growth through strategic mergers and strong market performance.
Borouge Plc has announced that its shareholders approved a substantial dividend payout for the financial year 2025 during the General Assembly Meeting held on 7 April. The approved dividend reflects the company’s strong financial and operational performance, supported by record-breaking sales and consistent profitability in the global polyolefins market.
The total dividend for 2025 amounts to approximately $1.32 billion, equivalent to 16.2 fils per share. This includes a final dividend of $658 million (8.1 fils per share). Shareholders listed on record as of 17 April 2026 will receive the payment on or around 7 May 2026. With this latest distribution, Borouge Plc has now paid out a cumulative $4.89 billion in dividends since its listing, positioning it among the top dividend-paying companies on the Abu Dhabi Securities Exchange.
Dr. Sultan Al Jaber, Chairman of Borouge Plc, emphasized the company’s resilience and leadership position, noting that it continues to stand as the world’s most profitable polyolefins producer. He highlighted that the company’s strong financial base enables it to pursue ambitious growth strategies. A key part of this strategy is the transformation into a global powerhouse through Borouge International, which will combine advanced technologies, cost efficiencies, and expanded operations across regions including North America, the Middle East, and Europe.
A major milestone was achieved on 31 March 2026, when OMV and XRG finalized the merger of Borouge Plc with Borealis GmbH, along with the acquisition of NOVA Chemicals Corporation. This resulted in the formation of Borouge Group International AG, now recognized as the leading pure-play polyolefins company globally.
CEO Hazeem Sultan Al Suwaidi stated that Borouge’s 2025 performance demonstrated the strength of its business model, especially in a fluctuating global market. He stressed the company’s ability to maintain a competitive cost structure while delivering consistent results. Looking ahead, the company plans to focus on high-margin, specialized products to sustain premium pricing and deliver long-term value to shareholders.
The company also outlined plans for a potential tender offer expected in 2027, subject to regulatory approval. This move would convert Borouge Plc shares into shares of Borouge International, aligning with a future equity raise. Until then, Borouge Plc will remain listed, and shareholders will continue receiving annual dividends of 16.2 fils per share, a policy expected to continue under the new entity.
Additionally, under a new agreement with ADNOC and OMV, Borouge Plc has secured operational and marketing control over the Borouge 4 mega project. This agreement is projected to generate around $400 million in net profit over three years, contributing approximately 10% annual earnings growth once fully operational.
Regarding recent developments, the company confirmed it is closely monitoring an incident that occurred on 5 April at its Ruwais facility. Production in affected areas has been temporarily halted for repairs. Despite this, Borouge maintained high operational efficiency in early 2026 and successfully managed sales through alternative channels. A global shortage of polyolefins has also contributed to rising prices, strengthening the company’s outlook. With strong cash flows and liquidity, Borouge remains well-positioned to manage short-term disruptions effectively.
