Austrian energy group OMV expects the Borouge-Borealis merger to have a positive effect of 120 million euros ($140.8 million) ...

Austrian energy group OMV expects the merger of Borouge and Borealis to have a positive effect of €120 million ($140.8 million) on its second-quarter operating result before special effects, it said ...

UAE petrochemicals company Borouge is focusing on international expansion and long-term value creation as it gears up to become a next-generation global powerhouse. Borouge reported first-quarter ...

After nearly two years of negotiations, Abu Dhabi National Oil Company and OMV agreed in March to merge their polyolefin ...

Abu Dhabi's Borouge announced a $400 million cost savings drive on Thursday to navigate inflation and supply chain disruptions, as it reported a 17% decline in fourth-quarter profit on pricing ...

The collaboration between Borouge and Honeywell is set to deliver the petrochemical industry’s first AI-driven control room designed for full-scale, real-time operation, establi ...

The collaboration between Borouge and Honeywell is set to deliver the petrochemical industry’s first AI-driven control room ...

Borouge Plc has reported a 16 per cent year-on-year (YoY) increase in net profit in the fourth quarter of 2023 to $288 million, bringing full-year n. Tuesday, 02 January 2024 12:17 GMT.

Borouge delivered adjusted EBITDA of $541 million in the fourth quarter, flat on a year-on-year basis. Net profit for the period was $247 million, in line with market expectations.

Chemicals prices have bottomed out and may pick up next year, Borouge Plc said after reporting a decline in quarterly profit. “The expectation is that we have seen the trough,” Jan Martin ...

Borouge CEO Hazeem Sultan Al Suwaidi said, “This agreement builds on our longstanding collaboration with ADNOC L&S, a partnership that has been instrumental in meeting the evolving needs of our ...

The project is a key component of Borouge's company-wide AIDT programme, which is projected to generate $575mln in value this ...