Borouge Approves $660M Dividend, Plans Borouge International

Abu Dhabi, UAE – September 1, 2025 – Borouge Plc, a leading petrochemical company, has confirmed that its shareholders have approved a substantial interim dividend of $660 million during its General Assembly Meeting held on August 29. This dividend translates to 8.1 fils per share and reflects Borouge’s strong performance in the first half of 2025, driven by healthy pricing, careful cost management, and strategic sales of its inventory.

Interim Dividend Reflects Strong H1 Performance

Borouge’s interim dividend announcement comes at a time when the company has shown remarkable financial stability and operational strength. The company’s net profit reached $474 million, supported by strong product volumes, healthy pricing premiums, and disciplined cost management.

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The dividend of 8.1 fils per share for this period shows Borouge’s commitment to rewarding its shareholders for their continued support. It also demonstrates confidence in the company’s ongoing business operations and growth plans.

Total Dividend for 2025

Alongside the interim dividend, Borouge reaffirmed its commitment to paying a total dividend of 16.2 fils per share for the year 2025. This is an increase from the total dividend of 15.88 fils per share paid in 2024. Shareholders can expect the final installment of 8.1 fils per share to be paid in the first quarter of 2026.

Since Borouge’s Initial Public Offering (IPO) in June 2022, the company’s shareholders have received a total of $4.24 billion in dividends. This has resulted in an impressive total shareholder return of 30%, highlighting the company’s strong performance and focus on rewarding investors.

Share Buyback Program

To further demonstrate confidence in its growth and market position, Borouge has purchased 141 million of its own shares under a share buyback program. This program was approved at the company’s Annual General Meeting held in April 2025. Share buybacks are often a sign that a company believes its stock is undervalued and wants to increase value for its shareholders.

Hazeem Sultan Al Suwaidi, Chief Executive Officer of Borouge, stated, “Our consistent track record of strong shareholder returns is underpinned by robust operations, disciplined cost management, and sustained pricing margins. As we look ahead to the proposed formation of Borouge Group International in Q1 2026, our focus remains on delivering resilient performance and one of the highest dividend returns on the ADX.”

Growth and Strategic Expansion

Borouge is not just focusing on dividends; it is also aggressively expanding its operations. The company’s Borouge 4 mega project is currently over 90% complete and is expected to be finished by the end of 2026. Once completed, this project will add an additional 1.4 million tonnes of annual production capacity. This expansion is set to create significant value for shareholders and strengthen Borouge’s position in the global petrochemical market.

Establishment of Borouge Group International

Looking ahead, Borouge plans to form Borouge Group International, a new global entity, in the first quarter of 2026. Regulatory filings and integration planning are already in progress. Once finalized, Borouge Group International is projected to become a $60 billion global petrochemical leader and the world’s fourth-largest polyolefins company.

The company has announced that after the formation of Borouge Group International, it intends to maintain an annual minimum dividend of 16.2 fils per share through at least 2030. This will be subject to the necessary approvals, ensuring stable returns for shareholders over the long term.

Strong Financial Results

Borouge’s financial results for the first half of 2025 have been impressive. The company’s net profit of $474 million was driven by strong sales volumes, healthy pricing margins, and efficient cost control measures. The company continues to demonstrate financial resilience even in a competitive global market.

The combination of strong operational performance, disciplined cost management, and strategic inventory sales has allowed Borouge to maintain profitability and ensure that shareholders benefit from a healthy return on their investment.

Commitment to Shareholders

Borouge’s leadership has consistently emphasized the importance of delivering value to its shareholders. The company’s strategy includes regular dividends, share buybacks, and careful operational planning to maximize profits and maintain market leadership.

By approving the interim dividend and continuing with share buybacks, Borouge sends a clear message to the market about its confidence in future growth and its commitment to shareholders. The proposed formation of Borouge Group International is another step toward expanding its global footprint and creating additional value for investors.

CEO’s Statement

Hazeem Sultan Al Suwaidi, Borouge CEO, highlighted the company’s ongoing commitment to strong performance and shareholder value:

“Borouge has a consistent track record of strong shareholder returns, which is backed by robust operations, disciplined cost management, and sustained pricing margins. Our goal is to deliver resilient performance and one of the highest dividend returns on the ADX, as we move toward establishing Borouge Group International.”

This statement reinforces the company’s focus on maintaining growth, profitability, and rewarding its investors.

Future Outlook

With the Borouge 4 mega project nearing completion and the proposed formation of Borouge Group International, the company is well-positioned for long-term growth. The expansion will not only increase production capacity but also strengthen Borouge’s position in the global petrochemical market.

Investors can look forward to continued dividend payments, strategic expansion, and strong operational performance. The company’s plan to maintain a minimum annual dividend of 16.2 fils per share through at least 2030 ensures that shareholder returns remain a priority even as Borouge grows into a global leader.

Borouge’s announcement of a $660 million interim dividend, coupled with its plans for the formation of Borouge Group International and ongoing mega projects, reflects the company’s strong financial health, operational excellence, and commitment to shareholders. The consistent focus on profitability, strategic expansion, and shareholder value demonstrates why Borouge continues to be one of the most respected companies on the ADX.

As the company moves forward with its ambitious projects and global plans, it remains dedicated to providing steady returns, maintaining robust operations, and strengthening its leadership in the global petrochemical industry.

Borouge’s story since its IPO in 2022 shows a consistent track record of growth, profitability, and strong shareholder value creation. With dividends totaling over $4.24 billion to date and strategic expansion underway, Borouge is set to continue delivering robust performance and rewarding its shareholders for many years to come.

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