Borouge Shareholders Approve $1.32 Billion FY 2025 Dividend, Strengthening Position as Global Polyolefins Leader
ABU DHABI, UAE: Borouge Plc (ADX symbol: BOROUGE / ISIN AEE01072B225) announced today that its shareholders have approved a final dividend of $1.32 billion for the fiscal year 2025 during the General Assembly Meeting held on April 7, 2026. This decision underscores the company’s robust operational performance and record sales.
The approved dividend payment for 2025 amounts to $658 million, translating to 8.1 fils per share. This brings the total dividend for the year to approximately $1.32 billion, or 16.2 fils per share. The payment is scheduled for distribution on or around May 7, 2026, to shareholders recorded as of April 17, 2026. With this dividend, Borouge Plc will have distributed a total of $4.89 billion in dividends since its listing, marking one of the largest payout levels on the Abu Dhabi Securities Exchange (ADX) during this period.
Strategic Growth and Market Leadership
Dr. Sultan Al Jaber, Chairman of Borouge Plc, emphasized the company’s strong market resilience, stating that Borouge continues to lead the industry as the world’s most profitable polyolefins company, bolstered by its solid financial standing. He noted that the company is on a transformative growth journey through Borouge International, evolving into a global polyolefins powerhouse. This evolution is characterized by technology leadership, cost efficiency, and expanded scale across North America, the Middle East, and Europe. These strengths position Borouge to navigate market cycles effectively while delivering sustained value to shareholders.
On March 31, 2026, Borouge Plc successfully completed the merger with Borealis GmbH, forming Borouge Group International AG. This strategic move, along with the acquisition of NOVA Chemicals Corporation, has established Borouge as the world’s leading pure-play polyolefins company.
Operational Performance and Future Outlook
Hazeem Sultan Al Suwaidi, Chief Executive Officer of Borouge, highlighted the company’s strong performance in 2025, reaffirming the effectiveness of its operating model in a dynamic global polyolefins market. He stated that Borouge has reinforced its leading cost position and its ability to deliver consistent performance across market cycles. As the company enters a new growth phase under Borouge International, it remains focused on driving shareholder value through high-margin, differentiated products while maintaining strong pricing premiums across its portfolio.
Looking ahead, a proposed tender offer is expected to convert Borouge Plc shares to Borouge International shares, aligning with the new company’s future equity raise to maximize value for all shareholders. This tender offer is anticipated to take place in 2027, subject to market conditions and approval from the UAE Capital Market Authority. Until then, Borouge International will operate as a privately held entity, while Borouge Plc will remain listed on the ADX. Shareholders can expect the annual dividend of 16.2 fils per share to be upheld by Borouge International following the completion of the tender offer.
Borouge 4 Mega Project and Financial Projections
Under a new agreement with ADNOC and OMV, Borouge Plc has been granted operational control and marketing rights for the Borouge 4 mega project. This agreement is projected to generate a cumulative net profit of $400 million over the next three years, representing an approximate 10% annual earnings increase for Borouge Plc following full ramp-up.
Current Market Conditions and Resilience
Borouge Plc is actively monitoring the current market situation and coordinating with relevant UAE authorities to safeguard its personnel, facilities, and operations. Following an incident on April 5, production activities in affected areas at Borouge’s facility in Ruwais have been temporarily halted for damage assessment and repairs.
In the first quarter of 2026, Borouge achieved high utilization rates and successfully sold a significant portion of its production through alternative routes in March, with additional inventories stored ahead of shipment. A global shortage of polyolefins has driven a strong recovery in prices, which has continued into April. The company maintains significant financial resilience to navigate short-term operational disruptions, supported by robust cash generation and substantial available liquidity.
About Borouge Plc
Borouge Plc, listed on the Abu Dhabi Securities Exchange (ADX symbol: BOROUGE / ISIN AEE01072B225), is a leading petrochemicals company that offers innovative and differentiated polyolefin solutions for various industries, including infrastructure, energy, mobility, healthcare, agriculture, and advanced packaging. With a workforce of over 2,900 employees, Borouge serves customers in more than 90 countries across Asia, the Middle East, and Africa.
Founded in 1998 through a strategic partnership between ADNOC and Borealis, Borouge was established to build and operate a polyolefins complex in Al Ruwais Industrial City, UAE, which is now one of the world’s largest integrated polyolefin complexes. As of March 2026, Borouge International holds a 90% majority stake in Borouge.
For further details, visit Borouge’s official website.
Published on 2026-04-07 21:53:00 • By the Editorial Desk
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