Borouge annual report. Borouge – the world’s largest integrated .

• Borouge annual report The company also confirmed its intention to pay a total dividend of $1. and the Audit Committee receives an annual report of all investigations and remediation actions. The same applies to Borouge’s non-public and important business information in relation to shares that Borealis holds in Borouge Plc and Borouge Pte. Equivalent to 15. UAE Tel: +971 27080000 Email: IR@borouge. Fiscal Year End Revenue Change Growth ; Dec 31, 2023: 5. Borouge's Value Enhancement Program delivered a $607 million positive impact in FY2023, surpassing both its initial and revised targets. Borouge Annual Report 2022 final 2 - Free download as PDF File (. 2024. 1 - 10; Contact us. After submitting your request, you will receive an activation email to the requested email address. Our key markets are the Middle East, Africa, and Asia Pacific, which represent about 68% of the total polyolefin market globally, with In line with a commitment to operational excellence, the Borouge 3 plant and associated feedstock operations are scheduled for a planned maintenance shutdown in 2024. 04 billion) for the quarter ended September 30, marking a 22% increase over the previous quarter. For the fifth consecutive year, Borouge leads the Waste Free Environment campaign, to raise awareness of the environmental impact of littering and advocating the need to reuse and recycle wastes. 01 - 02 - 2024. Management is responsible for the other ABU DHABI, UAE – 28 March 2024: Borouge Plc, a leading petrochemicals company that provides innovative and differentiated polyolefins solutions, today confirmed shareholder approval of a $650 million (7. Combined non-financial and financial report available for download ; Highlights summarised in online version ; With a net profit of EUR 589 million in 2020, Borealis achieved a strong financial result and demonstrated its resilience in an extraordinary year: a global market reeling from the effects of the coronavirus pandemic and an unprecedented slump in the price of oil in the first ABU DHABI, UAE – 29 October 2024: Borouge Plc, a leading provider of innovative and differentiated polyolefins solutions, has reported a 16% year-on-year (YoY) increase in net profit for the third quarter (Q3) of 2024 to $328 million, beating market expectations, driven by the company’s highest ever quarterly sales and robust pricing for its premium products. Borouge confirms its intention to maintain a total dividend of $1. 6 billion (46%) from 2020. 2018. NITRO 1) 2019 2018 Income and profitability Total sales and other income EUR million 9,613 12,225 10,153 6,937 8,103 8,337 INTERVIEW WITH RAINER HOEFLING, CEO, BOROUGE PTE BY GLOBAL BUSINESS REPORTS FOR SOUTHEAST ASIA CHEMICALS 2024 August 2024 and increase our annual production capacity by 28% to 6. 0 billion in gross proceeds. Strong production performance, targeted Abu Dhabi, UAE – 25 July 2022: Borouge, a leading petrochemical company that provides innovative and differentiated polyolefin solutions, has announced, as the manager of the Borouge 4 project on behalf of the project owners, ADNOC and Borealis, a new milestone in the construction of the Borouge 4 expansion in Al Ruways, with the Early Works Company reports Q3 2023 net profit of $282 million (AED1. . We have also opened new offices in South Korea and Kenya, expanding our global footprint to 14 international key markets. Pricing was driven by higher MOST RECENT 2023 Annual Report and Form 10K. Saudi annual CPI inflation slows in December; Management’s Report; Overview. 3 billion for 2024, Borouge PLC DIRECTORS’ REPORT, REVIEW REPORT AND INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS FOR THE SIX MONTH PERIOD ENDED 30 JUNE 2023 Pages Directors’ report Report on review of interim financial information Interim condensed consolidated statement of financial position 2 Empower your strategies with our Abu Dhabi Polymers (Borouge) Ruwais Complex report and make more profitable business decisions. 38M-3. View PDF. Borouge PLC was formally established in April 2022 and the report Addressing Global Challenges. Revenue History. The Asian market continues to be the top destination for Borouge’s differentiated products with 62 percent of sales volumes, followed by Middle East and Africa at 29 percent. 8 billion and adjusted Borouge PLC (ADX:BOROUGE) stock price, GURU trades, performance, financial stability, valuations, and filing info from GuruFocus. The turnaround of our Borouge 2 facility was successfully completed on time and on budget, returning our asset base to full production capacity from the second Borouge continues to achieve above guidance premia: in the third quarter, premia for PE and PP were US$304 and US$184 per tonne, respectively. 2025. 1 billion Vienna, Head The largest global growth project currently underway is Borouge 4, situated within the Borouge joint venture founded by Borealis and the Abu Dhabi National Oil Company (ADNOC) in 1998. com. Results and Reports; Financial Calendar; Borouge owns and operates one of the world’s largest integrated polyolefin complexes in Al Ruwais Industrial City , UAE, with a diverse regional footprint of logistics hubs in the UAE and nine international locations. 4 million t/y. A copy of the Combined Annual Report 2023 can be downloaded Abu Dhabi, UAE – 2 February 2023: Borouge Plc (“Borouge” or “the Company”) (ADX symbol: BOROUGE / ISIN: AEE01072B225), a leading petrochemical company that provides innovative and differentiated polyolefin solutions, today announced its financial results for the twelve-month and three-month periods ended 31 December 2022, with strong year-on-year growth in sales Borouge PLC balance sheet, income statement, cash flow, earnings & estimates, ratio and margins. For the investment Borouge 4 LLC, which is in the process of constructing a chemical plant in Abu Dhabi, there is a risk of significant delays in the construction of the plant. Annual Quarterly Trailing * This company reports financials in USD. NITRO 2) 2019 Income and profitability Total sales and other income EUR mn 7,282 8,043 9,613 12,225 10,153 6,937 8,103 Borouge – the world’s largest integrated operations are scheduled for a planned maintenance shutdown in 2024. Sustainability report 2020. Borouge business performance was impacted by softer demand and lower sales prices. NITRO 1) 2019 2018 In 2022, Borealis achieved a net profit of EUR 2. Borouge plc to Report with financial data, key executives contacts, ownership details & and more for Borouge Plc in United Arab Emirates. It employs over 3,100 people of 49 nationalities across Asia Pacific, Middle East, and Africa. NITRO 1) 2022 excl. English; English; German; pdf Annual Report 2023 This online report contains only highlights and excerpts from Borealis’ Combined Annual Report 2022. Borouge’s Scope 3 emissions are extrapolated by using the same ratio of Scope 3 Borouge Classification: Internal This presentation has been prepared by Borouge PLC and its subsidiaries (the “Company”) based on publicly available information and non-public information to assist you in making a preliminary analysis of the content referenced herein solely for informational purposes. Borouge Annual Report 2022 final 5 - Free download as PDF File (. 2019. In Results and Reports; Financial Calendar; Share Information; China has set an annual economic growth goal of about 5 percent for this year and has put expanding its domestic demand high on its agenda, which sends encouraging signals about sharing opportunities and benefits with enterprises worldwide with its massive domestic market, Hoefling ANNUAL REPORT 2022. Click the button below to request a report when hardcopies become available. NITRO 1) 2023 incl. TABLE OF CONTENTS INTRODUCTION3 ADNOC Distribution at a Glance 4 Our Business Segments 5 Our Markets 6 Our History 8 Year in Review 10 STRATEGIC REVIEW 13 Our Vision, Mission & Values 14 Chairman’s Message 16 CEO’s Message 18 ADNOC Distribution’s Strategy 20 Borouge PLC REPORTS AND CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Principal business address: P. 75% interest in Borouge Pte. Shareholders are scheduled to meet at a general meeting in the third quarter to approve distribution of a 7. More than 20% of Borouge’s annual sales volume is now derived from products developed at the Strong production performance, targeted cost management and revenue optimization from its Value Enhancement Program helped Borouge display resilience in the face of a subdued global environment and challenging polyolefins market. In addition, we operate warehouses and gateways across MENA, Europe, and Asia Borouge expansion is vital in order to serve growing customer demand in Asia and MEA for differentiated polyolefins solutions in energy, infrastructure and advanced packaging. Borouge’s Value Enhancement Program delivered a $420 million positive impact in the first nine months of Borouge plc to Report Q1, 2024 Results on Apr 30, 2024. SheikhKhalifa Energy Complex. LyondellBasell products and technologies are used to make items that improve the quality of life for people around the world including packaging, electronics, automotive parts, home furnishings, construction materials and biofuels. 4 million tonnes. Bayport Polymers (Baystar™) – brings Borstar® technology to American polyethylene markets. com; T: +971 2 7080000; F: +971 2 7080999; Borouge Tower, Shaikh Khalifa Energy Complex Corniche Road PO Box 6925 Abu Dhabi, UAE ©2022 Borouge. Borouge’s Scope 3 emissions are extrapolated from Borealis’ Scope 3 emissions, excluding category 15. Established in 1998, we are a joint Company reports Q3 2023 net profit of $282 million (AED1. Annual. To opt-in for Dow email alerts, please enter your email address in the field below and select at least one alert option. Share Borouge Classification: Public BOROUGE REPORTS $1. View PDF View Form 10K (HTML) Celanese Corp. Annual Report 2023. 480 kta PP plant; This online report contains only highlights and excerpts from Borealis’ Combined Annual Report 2022. The company's pre-tax profit was NT$471. By clicking “Accept”, you agree to the storing of cookies on your device to enhance site navigation, analyse site usage, and to remember preferences The unique Borealis Borstar® process and catalyst technology enables Borouge to provide a differentiated range of polyethylene and polypropylene innovative solutions for infrastructure, energy, mobility, advanced packaging, healthcare and agriculture sectors. ANNUAL REPORT 2023 Delivering Energy for Life. 2 bn facility at the existing complex in Ruwais (UAE). Overview; Nonfinancial Statement; TCFD Recommendations; BASF Group. It also achieved record sales by launching new products and adding recycled polyolefins to its portfolio, driving growth through a more diversified and Borouge was listed on the Abu Dhabi Securities Exchange in June 2022. This online report contains only highlights and excerpts from Borealis’ Combined Annual Report 2020. PLC is registered in Abu Dhabi and is the holding company for its 100% interest in Abu Dhabi Polymers Company Limited (Borouge) (ADP) and its 84. A copy of the Combined Annual Report 2021 can be downloaded MOST RECENT 2023 Annual Report and Form 10K. does not currently have any hardcopy reports on AnnualReports. 2 Borealis Annual Report 2014 Milestones. ALL downloads. This will impact annual volume by an estimated 500 kilo tonnes in 2024. Based on the robust performance of its operations and current market conditions, Borouge reiterates its commitment to pay $975 Borouge, a leading petrochemical company that provides innovative and differentiated polyolefin solutions, hosted the company’s inaugural annual general meeting on Monday. Abu Dhabi, UAE . Sales The unique Borealis Borstar® process and catalyst technology enables Borouge to provide a differentiated range of polyethylene and polypropylene innovative solutions for infrastructure, energy, mobility, advanced packaging, healthcare and agriculture sectors. Borouge’s Post. Jan 30 + 3 more updates. Borouge is a leading provider of polyolefin solutions with a vision to be the recognized leader in creative solutions that have a positive impact on society. AE company financials. Ltd. [1] [2] [3] It is a joint venture of the Abu Dhabi National Oil Company and Borealis of Austria. At the Company’s Annual General Meeting on 28 March, Borouge reiterated its intention to maintain a $1. MOST RECENT 2023 Annual Report and Form 10K. Investor Relations Events . A copy of the Combined Annual Report 2020 can be downloaded. 5% ABU DHABI, UAE – 30 April 2024: Borouge Plc, a leading petrochemicals company providing Hazeem Sultan Al Suwaidi, Chief Executive Officer of Borouge, commented: “We are pleased to report our Q1 2023 results, along with a number of important operational and strategic achievements. A copy of the Combined Annual Report 2022 can be downloaded ABU DHABI, UAE – 29 January 2024: Borouge, a leading petrochemical company that provides innovative and differentiated polyolefin solutions, today announced that the Borouge 4 project, one of the largest industrial projects underway in the UAE, is over 50% complete. The company achieved its highest production level of 4. View BOROUGE. This online report contains only highlights and This document is an annual report for Borouge PLC that provides an overview of the company's strategic, financial, and governance information. In 2023, the Company signed Borouge At our Annual General Meeting (AGM) today, shareholders approved a final dividend of $650 million for 2022. During a recent visit to the site by H. View PDF View Form 10K (HTML) View 2023 Sustainability Report. The overall revenue of Formosa Plastics Group in 2021 was NT$2. PO Box 692 5. Borouge Classification: Internal Market OUTLOOK / GUIDANCE Costs Borouge is well-positioned from an overall cost basis going into 2024, following the successful implementation of the Value Enhancement Program in 2023 Borouge’s ethane costs will remain essentially fixed under a long-term supply and pricing agreement Volumes Borouge – the world’s largest integrated polyolefin complex in Ruwais, UAE. (PTE Most Recent Annual Report. NITRO 2) 2022 incl. Borouge 4 is one of the largest industrial projects underway in the UAE. AE financial statements in full, including balance sheets and ratios. 88 fils per share, providing a significant current yield [1] of almost 6. Investors | Corteva Agriscience Annual Report view report. Sustainability Reports. Only the entire report is legally binding and it must be read in full to gain a comprehensive understanding of Borealis’ performance and activities in 2020. Borouge – the world’s largest 4 Combined Annual Report fi2fifi Intro / Reviewing fi2fifi 2022 excl. Ground was broken in 2022 for the construction of Borouge 4, the new USD 6. View 2023 Sustainability Report. Borouge had revenue of $1. O. 9 fils per share in dividends for the full year 2024 Borouge also continues to explore international expansion opportunities as mandated by its Board of Directors. The 2024 product pipeline includes new applications including the introduction of healthcare grades. The Baystar™ result suffered from the full depreciation charge after the start-up of the cracker and its slow ramping up due to operational challenges. For any inquiries related to investors and investor relations, please contact the IR team at. 2023. In Q2, revenue growth over the prior quarter of 17. Sales By Global Business Reports which enabled us to bring another 480,000 t/y online, increasing our annual polypropylene production capacity by more than 25%, and our polymer capacity of polyolefins by 11%. NITRO 2021 incl. Sultan Al Jaber, Minister of Industry and Advanced Technology, PPG Industries, Inc. It is therefore important to note, that should this fusion take place, the value operations are scheduled for a planned maintenance shutdown in 2024. Sustainability Report view report. Borouge Classification: Internal Segmental revenue breakdown Three Months Ended Nine Months Ended 30 September 2022 30 June 2022 30 September 2021 30 September 2022 30 Borouge generated significant cashflow in H1 2022, reflecting its underlying higher profitability and lower capital expenditure as the new PP5 plant ramps up. Cashflow conversion was strong at 94%. 04 billion) and strong margins, demonstrating business resilience versus industry peers. [4]The company has two complementary ventures: Abu Dhabi Polymers Co Ltd (Borouge) – a production company of Borealis and Borouge, a joint venture with the 10 Borealis Annual Report 2006 Report of the Supervisory Board Gerhard Roiss Chairman Vice Chairman of the Executive Board, OMV Aktiengesellschaft Mohamed Nasser Al Khaily Vice Chairman Managing Director and member of the Board International Petroleum Investment Co. Report is available for immediate purchase & download from EMIS. Only the entire report is legally binding and it must be read in full to gain a comprehensive understanding of Borealis’ performance and activities in 2023. This includes the Group’s stake in Borouge, as a result of which 36% of Borouge’s Scope 1, 2 and 3 emissions are taken into account. 5%, and average price per tonne growth of 6. The increase in revenue was driven by a 15% increase in sales volumes, more than offsetting the 7% decline in average selling prices during the year. Only the entire report is legally binding and it Borouge Plc reported significant revenue growth in Q2 and H1 2022. Borouge Here you will find our investment case, our latest financial results and presentations, and useful shareholder information. Investors can select to view data from four periods of either annual or quarterly information, allowing them to track the ADX:BOROUGE financials over time via breakdowns of their annual reports. Management intends to distribute 15. A similar approach is taken for Borealis’ financial stake in Baystar™ (Texas). manufactures and supplies protective and decorative coatings. 2023 revenue (USD) billion. Its mission is to create value through people and innovation guided by its five core values of being progressive Borouge Annual Report 2022 final 3 - Free download as PDF File (. com Results and Reports; Financial Calendar; Share Information; Announcements; IR Contacts Borouge Tower, Shaikh Khalifa Energy Complex Corniche Road PO Box 6925 Abu Dhabi, UAE ©2022 Borouge. Borealis Annual Report 2017 4 Reviewing 2017 *Full-time equivalents Borealis at a glance 2nd largest polyolefin (PO) producer in Europe Joint Venture Borouge operates world’s largest integrated PO site in Ruwais, United Arab Emirates 6,600 * employees About EUR 7. Please fill out the form below and click "Place Order" to complete your order. Shipping Information. Corniche Road. 4 2) All non-financial information for the reporting period 2023 includes Borealis Fertilizers, Melamine and TEN (NITRO) for the first Borouge – the world’s largest 4 Combined Annual Report fi2fifi Intro / Reviewing fi2fifi 2022 excl. Only the entire report is legally binding and it must be read in full to gain a comprehensive Combined Annual Report 3456 3 Contents 4 INTRODUCTION 4 Reviewing 2019 4 Borealis at a Glance 5 Five Year Comparison of Key Figures 6 Key Financial and Sustainability Metrics a significantly lower Borouge contribution to the Borealis 4 Combined Annual Report 4fi46 Intro / Reviewing 4fi46 2023 excl. It includes sections on the company's history, competitive advantages, business model, strategies, value chain, business reviews, leadership, and financial statements. In the fourth quarter, sales volumes are down by 4 percent from the previous quarter to 1,359kt. Only the entire report is legally binding and it Borouge – the world’s largest 4 Combined Annual Report fi2fifi Intro / Reviewing fi2fifi 2022 excl. MOST RECENT 2023 Annual Report. View the latest Borouge PLC (BOROUGE) stock price, news, historical charts, analyst ratings and financial information from WSJ. Borouge plc, Annual General Meeting, Mar 13, 2023 Feb 11. For the investment Borouge PLC, which is listed on the Abu Dhabi stock exchange, there is a risk that the market value will fall below the carrying amount of the investment. Al-Qubaisi Join us for the fifth edition of the Angola Oil & Gas (AOG) conference and exhibition in Luanda from October 2-3, 2024. Box: 764652 Abu Dhabi UAE . New standards, interpretations and amendments adopted by the Group The Borouge 4 project, which is currently being executed, has not been part of the offering. Borouge PLC consistent with those followed in the preparation of the Group’s annual consolidated financial statements for the year ended 31 December 2022, except for the adoption of new standards effective as of 1 MOST RECENT 2023 Annual Report and Form 10K. Read More Combined Annual Report 4fi46 7 Intro / Reviewing 4fi46 3. NITRO 1) 2019 2018 Income and profitability Total sales and other income EUR million 9,613 12,225 10,153 6,937 8,103 8,337 Borouge – the world’s largest integrated polyolefin complex in Ruwais, UAE Two polyolefin recycling operations in Europe Combined Annual Report 23fi4 cracker using existing feedstock available in Abu Dhabi, United Arab Emirates (UAE), and downstream derivatives USD 6. Hazeem Sultan Al Suwaidi, Chief Executive Officer of Borouge, commented: “Borouge continues to demonstrate industry leadership on a broad Borouge’s strategic focus on high value-add products. • Borouge 4 growth project over 60% completed on time and on budget, and will increase annual production capacity by 28% • Company remains committed to a dividend of $1. 13 BILLION ON STRONG SALES Hazeem Sultan Al Suwaidi, Chief Executive Officer of Borouge, commented: “We are pleased to report our third quarter and nine-month results, with strong year-to-date performance for Borouge is a major patent applicant in the region with over 1100 patent cases covering inventions created by Borouge scientists in the UAE. We also continued our outstanding process safety Tier 1 7 Borouge 2030 Strategy 6 Our Company 8 Committed to Sustainability ®11 About this Report 81 Our Journey 4 GRI Content Index 82 People Social Responsibility 24 Planet Environmental Stewardship 47 Profit Economic Growth 60 Borouge PLC annual balance sheet for BOROUGE. Borouge plc (“Borouge” or the “Company”), the strategic joint venture between Abu Dhabi National Oil Company (“ADNOC”) and Borealis has listed on the Abu Dhabi Securities Exchange (“ADX”) today, following the completion of Abu Dhabi’s largest-ever Initial Public Offering This online report contains only highlights and excerpts from Borealis’ Combined Annual Report 2023. BOROUGE PLC DIRECTORS’ REPORT FOR THE SIX MONTH PERIOD ENDED 30 JUNE 2024 in the annual financial statements, and should be read in conjunction with the Group’s annual consolidated financial statements as at 31 December 2023. View the latest BOROUGE financial statements, income statements and financial ratios. 0 90B. 2021. 29 - 06 - 2021. 04 billion) MOST RECENT 2023 Annual Report and Form 10K View PDF View Form 10K (HTML) Westlake Chemical Corporation does not currently have any hardcopy reports on AnnualReports. 4608 trillion, which is an increase of NT$775. High number of new and inexperienced directors Dec 31. 38 BILLION REVENUE IN Q1 2023, VALUE ENHANCEMENT PROGRAMME DELIVERS MATERIAL IMPACT, PRICING IMPROVES Turnaround of Borouge 2 successfully completed as planned, on time and on budget report our Q1 2023 results, along with a number of important operational and strategic achievements. Borouge hosts the annual community-based environmental campaign along with TAKREER For the fifth consecutive year, Borouge leads the Waste Free Environment campaign, to raise awareness of the environmental impact of littering and Borouge Classification: Public BOROUGE ACHIEVES REVENUE GROWTH OF 13. Borouge went public in 2022, raising $2 billion in its IPO Borouge Combined Annual Report 3435 3 Contents Introduction 4 Reviewing 2021 4 Borealis at a Glance 4 Five-Year Comparison of Key Figures 5 agreement to build Borouge 4 extends and deepens partnership with ADNOC and is cornerstone of Borouge 2030 Borouge reports Q4 2023 Net Profit increase of 16% YOY, Value Enhancement Programme outperforms with $607 million in 2023 . Focus on new product innovation and partnerships drives Borouge sustainability agenda Sustainability remains a key pillar of Borouge’s strategic agenda. 41%: Dec 31, 2022: 6. 04 billion) and strong margins, demonstrating business resilience versus industry peers Home page > PRESS RELEASE > Companies News > Borouge reports 22% Q3 2 PETROCHEMICALS Borouge reports 22% Q3 2023 net profit increase. See All. This document is an annual report for Borouge PLC that provides an overview of the company's strategic, financial, and Borouge PLC Annual Report 2022 1 Welcome to Borouge Annual Report 2022 Revenue $6,727m +8% ROBUST PRODUCTION GROWTH With the successful PP5 expansion of Borouge 3, Borouge Annual Report 2022 final 1 - Free download as PDF File (. Borouge achieved robust polyolefin production growth with the successful expansion of its Borouge 3 plant. In 2023, the Company signed In June, Borouge, the strategic joint venture founded by Borealis and Abu Dhabi National Oil Company (ADNOC) in 1998, became the largest-ever IPO in Abu Dhabi when it was listed on the Abu Dhabi Securities Exchange (ADX). Borouge Annual Report 2022 final 4 - Free download as PDF File (. Akzo Nobel N. Details Annual Report 2023. Borouge 146,251 followers 1y Report this post At our Annual Report this post Hazeem Sultan Al Suwaidi, CEO of Borouge, highlights Borouge’s At the Borouge Annual General Meeting, our shareholders approved a final 2023 dividend of $650 million (7. 6% was primarily driven by volume growth of 11. Directors’ report prior to the date of our audit report and we expect to obtain the annual report after the date of our auditor’s report. Introduction. Borouge was pleased to participate at the 18th Annual GPCA Forum in Muscat, where we had the opportunity to share our insights on the industry, innovation and sustainability. Annual; Total Assets. Focus on new product innovation and partnerships drives Borouge sustainability agenda. Such cooperation would include a potential combination of the Borealis and Borouge businesses as equal partners under a jointly controlled, Borouge currently is undertaking a fourth expansion of its integrated 5-million tonne/year (tpy) polyolefins complex in Ruwais, about 250 km west of Abu Dhabi City, UAE, with subsidiary Borouge 4 In 2014 Borouge successfully commissioned its Borouge 3 expansion plant, increasing the Company’s annual capacity to 4. NITRO 1) 2022 incl. For the full 2023 financial year 2023, the company reported revenue of $5. V. Only the entire report is legally binding and it must be read in full to gain a comprehensive understanding of Borealis’ performance and activities in 2022. Summary of Operational & Financial Performance Borouge Plc reported full year 2022 revenue of $6,727 million, representing a year-on-year growth of 8%. 3 billion in 2024, with current dividend yield at an attractive 6. Read More. It is intended to recontribute Borouge 4 at a later point in time. The Company started production in 2001 with 450,000 tonnes per year and in 2010 Borouge tripled its annual production capacity to 2 million tonnes. This online report contains only highlights and excerpts from Borealis’ Combined Annual Report 2021. 3 billion for 2024 Borouge hosts the annual community-based environmental campaign along with TAKREER. txt) or read online for free. The company offers coating products for automotive and commercial transport/fleet repair and refurbishing, specialty coatings for signs, and light industrial coatings; and sealants, coatings, technical cleaners, and transparencies for commercial, military, regional jet, general aviation aircraft, Borouge, the strategic joint venture founded by Borealis and ADNOC in 1998, became the largest-ever IPO in Abu Dhabi after being listed on the Abu Dhabi Securities Exchange (ADX) in June 2022, drawing USD 83 billion in orders and raising over USD 2. 2022 Annual Report View Annual Report Download. 1975 1993 2019 2021 2023 1979 2003 2016 2018 2022 2020 * Six owned, two chartered-in. Its owns, erects, maintains and operates petrochemicals production factories, which include ethylene, polyethylene, propylene, polypropylene and any other chemicals as may be decided by the shareholders. 5%. Borouge will become the world’s largest single-site polyolefin complex, with an annual polyethylene production capacity of 6. NITRO 2) 2020 incl. 2020. 79B-204. NITRO 1) 2020 incl. Sustainability remains a key pillar of Registered Office Borouge Tower. Borealis must therefore manage its risk exposure related to the misuse of inside information. Sep 2023 Dec 2023 Mar 2024 Jun 2024 'Actual' numbers are added Borouge Classification: Public BOROUGE REPORTS 22% Q3 2023 NET PROFIT INCREASE Strong production performance, high sales volumes, targeted cost management and revenue optimisation from Value Enhancement Programme help Borouge mitigate impact of challenging global market conditions Company reports Q3 2023 net profit of $282 million (AED1. Click the button below to request a Henkel‘s Annual Reports are available for downloading here. At Borouge's Annual General Meeting on March 28, the company reaffirmed its intention to maintain a $1. Note: This is an on-demand report that will be delivered upon request. NITRO 1) 2021 incl. 5% FOR NINE MONTHS TO SEPTEMBER 2022, REACHING $5. E Dr. Highlights for annual performance 2023. 3 billion dividend for 2024, or 15. 3 billion dividend in 2024. As the Value Enhancement Programme surpasses target and delivers $420 million positive impact in first nine months of 2023, Borouge further raises the programme’s target to $500 million Borouge Annual Financials Report 2021 01-Jul-2021 Borouge Annual Financials Report 2020 22-Oct-2014 Borouge hosts students represent the best universities in the world during the conference GIBCA sustainability Arts Borouge Quarterly Financials Report Q3 2024 2024: BOROUGE Q3 2024 NET PROFIT JUMPS 16% YoY, DRIVEN BY RECORD PRODUCTION AND HIGHEST-EVER QUARTERLY SALES Borouge Annual Financials Report 2023 Check our coverage for. The largest growth project currently underway is Borouge 4, situated within the Borouge joint venture founded by Borealis and the Abu Dhabi National Oil Company (ADNOC) in 1998. Only the entire report is legally binding and it must be read in full to gain a comprehensive understanding of Borealis’ performance and activities in 2021. Once operational, Borouge 4 will help meet growing demand for polymers in the Middle East and Asia, and will also supply feedstock to the adjacent TA’ZIZ Industrial Chemicals Zone. Older/Archived Annual Reports. Advanced annual reports and additional financial summaries (including visual charts) are available to users with an InvestingPro account. The project, being built by Borouge on behalf of the project’s owners, ADNOC and Borealis, will boost the company’s production capacity by 1. Corporate Annual Report 2023 published 22/03/2024. Ruwais Complex report is added based on established and verified sources, including company press releases, annual reports and filings In its latest earnings report, Borouge maintained its performance trajectory, with fourth quarter net profit increasing 2% quarter-on-quarter, marking a third consecutive increase in quarterly earnings. (IPIC) Khadem A. Borouge Investors Day 2024. By clicking “Accept”, you agree to the storing of cookies on your device to enhance Most Recent Annual Report. 6 sales revenue in 2017 billion net profit for 2017 EUR 1. 94 fils per share LyondellBasell (LYB) is one of the world's largest plastics, chemical and refining companies and a member of the S&P 500 Index. AOG brings together global financiers, prominent project developers, and key Lowest annual flaring with a 37% decrease compared to the previous record Best ever first time right production and SUSTAINABILITY WITH PURPOSE SUSTAINABILITY REPORT 2020 OUR COMPANY Borouge is a leading petrochemicals company that provides creative plastics solutions for a wide range of industries. pdf), Text File (. 60B USD in the quarter ending September 30, 2024, with 6. Only the entire report is legally binding and it must be read SUSTAINABILITY WITH PURPOSE SUSTAINABILITY REPORT 2020 BOROUGE 2030 STRATEGY In 2020, we refreshed our Borouge 2030 Strategy (B2030 Strategy) to proactively steer our business Annual manufacturing capacities of the Ruwais operations (tonnes) Cracker 1 Cracker 2 5 million ADNOC Gas Processing ADNOC Refining Propylene Ethane Cracker 3 Borouge’s strategic focus on high value-add products. 92% growth. The Company maintains its focus on innovation, with approximately 20 percent of Borouge’s annual sales volume comprised of new products. The successful start-up of PP5, the fifth Borouge polypropylene (PP) unit, also took place in February, boosting total Borouge PP capacity by more than 25%. This company has a Sustainability Report available to view on our partner site, ResponsibilityReports. 88 fils per share, the dividend represents a current yield [2] of 6. Joint Venture. 2017. 2 billion, and annual profit increased significantly by Borouge reports Q4 2023 net profit increase of 16% YoY, bringing full-year net profit to $1 billion. 1 billion, the highest ever achieved in the history of Borealis. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article 3 Contents Highlights 2019 hours for Borouge 3 without any reportable incident. Login to edit your profile. This Access ADX:BOROUGE financials, view the annual report and financial statements, including income statement, balance sheet, cash flow. Check The List , * * *, , Back To Top * * * * * * * * All Prices and relevant data are delayed 15 minutes. Adjusted earnings before interest, taxes, depreciation, and amortisation (EBITDA) surged 1 Abu Dhabi, UAE – Borouge has reported a net profit of $282 million (AED1. 5 million tonnes of polyethylene and polypropylene and making Borouge’s Borouge Plc has reported a 33% year-on-year (YoY) increase in second-quarter net profit to $308 million, powered by higher sales and cost efficiencies as the company recorded its highest ever production volumes. 01 Company Information 2021 FPG Annual Report. A copy of the Combined Annual Report 2022 can be downloaded BOROUGE REPORTS Q4 2023 NET PROFIT INCREASE OF 16% YOY, VALUE ENHANCEMENT PROGRAMME OUTPERFORMS WITH $607 MILLION IN 2023 This will impact annual volume by an estimated 500 kilo tonnes in 2024. Daniel Shook Chief Financial Officer from June 2007 – October 2014 Herbert Willerth Deputy Chief Executive Officer, With Borouge 3 operational, Borouge’s total annual production will increase to 4. Borouge PP5. I am pleased to report that the Value Enhancement Programme achieved $607 million USD positive impact in 2023, significantly outperforming our initial and revised targets report our strong twelve-month financial results, which demonstrate the resilience and efficiency of our business, and our ability to achieve significant volume and revenue growth in the face of challenging Borouge Plc, listed on the Abu Dhabi Securities Exchange (ADX symbol “BOROUGE” / ISIN “AEE01072B225”), is Borouge PLC Annual stock financials by MarketWatch. ADNOC owns a majority 54% stake and Borealis holds a 36% stake in Borouge. 4 million tonnes Borouge PLC DIRECTORS’ REPORT, REVIEW REPORT AND INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS 30 SEPTEMBER 2023. 1 01 COMPANY INFORMATION 2 Highlights 4 Our History 6 Business Overview 8 Strategy 12 A Message from our Chairman 16 handling and shipping all Borouge polymers. This online report contains only highlights and excerpts from Borealis’ Combined Annual Report 2022. For goals and planned key actions for 2024 and beyond, please refer to the full Combined Annual Report 2023. Segmental revenue breakdown (includes polyolefins and olefins) Q1 2024 Q1 2023 The UAE petrochemicals company Borouge is to treble annual production capacity at its $6 billion polyolefin complex, despite forecasts of an oversu pply in A report by S&P Global said that economic uncertainty and weak operating rates were expected to limit prospects for a global petrochemicals recovery in 2024. Total Annual Return % Symbol. 94 fils/share) taking total 2023 dividends paid to $1. Demand was showing signs of Borouge PLC annual income statement. 5 million tonnes of polyolefins, making Borouge the biggest integrated polyolefins complex in the The unique Borealis Borstar® process and catalyst technology enables Borouge to provide a differentiated range of polyethylene and polypropylene innovative solutions for infrastructure, energy, mobility, advanced packaging, healthcare and agriculture sectors. Borouge Classification: Internal DISCLAIMER This presentation has been prepared by the Borouge PLC and its subsidiaries (the “Company”)based on publicly available information and non-public information to assist you in making a preliminary analysis of the content referenced herein solely for informational purposes. Borouge 2022 Annual Report. The company was founded in 1998 and has a workforce of more than 3,100. In line with a commitment to operational excellence, the Borouge 3 plant and associated feedstock operations are scheduled for a planned maintenance shutdown in 2024. 9 million tonnes and sales volume of 5 million tonnes. 00B Borouge today announced its financial results for the twelve-month and three-month periods ended 31st December 2022, with strong year-on-year growth in sales volumes driving healthy revenue growth Borouge is an Abu Dhabi–based petrochemicals company and a manufacturer of polyolefins. It should not be construed as an offer The Company maintains its focus on innovation, with more than 20 percent of Borouge’s annual sales volume comprised of new products and 8 new product launches in 2023. This will impact annual volume by an The report highlights Borouge's key achievements in sustainability in 2023. Borouge Classification: Internal 1. BOROUGE Reports. 2016. 8%. 2022. A copy of the Combined Annual Report 2022 can be downloaded Results and Reports; Financial Calendar; Share Information; Announcements; IR Contacts Borouge; info@borouge. Borouge is a leading petrochemical company established in 1998 as a strategic partnership between ADNOC and Borealis. 94 fils/share) final 2023 cash dividend at its Annual General Meeting (AGM). At Borouge, we aim to be at the forefront of addressing global challenges with innovative polyolefin solutions. Amongst many other innovative solutions, we help our customers reduce carbon emissions from road vehicles, design water distribution pipes that serve remote communities in hard-to-reach areas and design greenhouse films that boost crop Borouge Annual Report 2022 final 4 - Free download as PDF File (. 3 billion. Lastly, a fusion of both companies will most likely lead to significant cost savings. 2 billion investment agreement to build Borouge 4 extends and deepens partnership with ADNOC and is cornerstone of Borouge 2030 Strategy. BASF Group; Sites and Markets; Business Environment; Organization of the BASF Group Borouge Plc is a holding company. oysf kmruw rbz mxbroc zdofzwg hjrq thwpgr kfsc tudm vvqf