Borouge Net Profit Rises 23% Quarter-on-Quarter
Borouge reported a 23% quarter-on-quarter rise in net profit to $191 million for Q2 2026, driven by higher polyolefin prices despite Ruwais complex disruptions. Plans aim to restore full capacity in H
Borouge reported a 23% quarter-on-quarter rise in net profit to $191 million for Q2 2026, driven by higher polyolefin prices despite Ruwais complex disruptions. Plans aim to restore full capacity in H
Borouge reported a 1% drop in Q2 net profit to $191 million due to higher costs and lower volumes from operational disruptions, though revenue rose on record polyolefin premiums. The company restored
Borouge Group International appointed Patrick Jany as CFO effective May 1, 2026, leveraging his experience from Clariant and Maersk. The move supports the newly merged petrochemical entity formed by O
Borouge posted record Q3 output of 1.39 MMt with strong Asia-Pacific sales, but expects petchem pricing to stay soft in Q4 as its polyolefins project nears startup.
Borouge targets increased petchem sales to China after turnaround, despite Q2 sales dips from Complex 3 maintenance, while maintaining PE and PP price premiums.