Borouge Group International AG

About Borouge International

Borouge Group International AG, operating as Borouge International, is a global polyolefins producer headquartered in Vienna, Austria, with a regional headquarters in Abu Dhabi, UAE. Formed through the combination of Borouge Plc and Borealis, along with the acquisition of NOVA Chemicals by joint owners OMV and XRG (an ADNOC subsidiary), each holding a 50% stake, the company boasts a production capacity of 13.6 million tonnes per annum.

It operates manufacturing sites across Europe, the Middle East, and North America, supported by innovation centers in Austria, UAE, Canada, Finland, Sweden, and China. Specializing in polyethylene and polypropylene using proprietary Borstar® technology, Borouge International supplies solutions for infrastructure, energy, mobility, advanced packaging, healthcare, and agriculture sectors.

The company holds investment-grade credit ratings: A (Negative) from S&P, Baa1 (Stable) from Moody’s, and A- (Stable) from Fitch. It remains privately held, with a planned share conversion tender offer in 2027 subject to approvals.

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