Shareholders of Borouge, a leading petrochemical company, have approved a dividend distribution of <strong>$1.32 billion</strong> for the year 2025. This decision reflects strong confidence in the company's performance and its ability to achieve robust financial results amid global economic challenges.
Bourouge has announced a suspension of production at its Ruwais facilities due to damage caused by debris, with no injuries reported. This decision comes at a critical time for the petrochemical industry in the UAE.
Authorities in Abu Dhabi confirmed damage at the Borouge petrochemical plant following debris from an interception operation, which led to fires. No injuries were reported, according to the UAE Media Office.
Bourouge, a leading petrochemical company in the UAE, has announced new achievements that bolster its status as a global player in the sector. This development comes as the UAE aims to enhance its investments in manufacturing industries.