Reliable and growing returns
Borouge International brings together the strengths of Borouge, Borealis, and NOVA Chemicals to form a global leader in polyolefins, with premium products, pioneering technology, and geographic diversification.
Financial and Operational Strength
Borouge International stands to benefit from a superior and resilient margin profile and well over USD 500 million in identified annual EBITDA run-rate synergies, with approximately 75% realized within the first three years, subject to execution and market conditions.
With a robust capital structure recognized by strong investment grade credit ratings, Borouge International is designed to deliver resilience throughout the business cycle for long-term shareholder returns.
Borouge International benefits from a seasoned leadership team combining deep industry expertise with a proven record of strategic execution. Its long-term growth strategy is fully aligned and of strategic importance to its core shareholders XRG and OMV, who have a long-standing partnership as equal shareholders.
A global leader in enabling superior high-performance products for everyday life, Borouge International is positioned to benefit from the financial performance and resilience of its legacy businesses, driven by consistent premium enabled by specialty applications, technology & innovation, alongside cost-advantaged production.
Ownership and Structure
Borouge International is jointly owned by XRG – ADNOC’s international investment arm – and OMV, who have a long history of partnership and are fully aligned for long-term growth, with each holding a 50% equal shareholding in the company.
Borouge International has recently received A (Negative) / Baa1 (Stable) / A-(Stable) ratings from S&P, Moody’s and Fitch, respectively, confirming its robust financial position and capital structure and supporting access to a range of long-term financing options.
Borouge International benefits from one of the most geographically diversified platforms in the polyolefins sectors, integrating production across three continents and serving customers globally. This truly global reach, combined with long-term shareholders and a robust capital structure is expected to support resilience throughout the business cycle and the ability to drive consistent performance and sustainable value for shareholders.
Borouge Plc is 90% owned by Borouge International and remains listed on the Abu Dhabi Securities Exchange (ADX), continuing to operate its own financial disclosure, reporting, and investor relations processes. For specific investor and financial information relating to Borouge Plc, please visit:
Corporate Structure and Governance
Borouge International is headquartered and domiciled in Austria, with a regional HQ in the UAE, corporate hubs in North America and Europe and Asia, and additional commercial reach across Asia, Africa and Latin America. Borouge International operates under a joint-control governance model between XRG and OMV. In the future, the company is expected to be listed on the Abu Dhabi Securities Exchange (ADX).
