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Home > News > Corporate News

Borouge reports remarkable 9% increase in revenue for Q1

Source：Adsale Plastics Network Date ：2025-05-15 Editor ：RC
Copyright： This article was originally written/edited by Adsale Plastics Network (AdsaleCPRJ.com), republishing and excerpting are not allowed without permission. For any copyright infringement, we will pursue legal liability in accordance with the law.

Borouge Plc has reported a substantial US$281 million net profit for the first quarter driven by record monthly production in March, an increase in sales volumes and continuous cost discipline.


Borouge_Q1 2025.jpg


Borouge reported increased net profit, driven by higher production and sales volumes, in Q1 2025.


Q1 2025 operational performance remained strong, with production volumes rising 7% year-on-year (YOY) in the first quarter of 2025. Overall asset reliability remained strong, achieving 94.4% by the end of the quarter, with polyethylene (PE) and polypropylene (PP) utilization rates at 101% and 98% respectively, underscoring the company’s operational excellence and efficiency.

 

Demand for high-value product segments were robust in the core growth markets of Asia Pacific, the Middle East, and Africa. Total sales volumes increased 10% YOY in the first quarter to 1.25 million tons, driven by substantial growth of 8% in PE and 13% in PP sales volumes.

 

Revenue in Q1 2025 grew 9% YOY to US$1.42 billion, driven by higher average selling prices and increased sales volumes. The strong performance reflects the growing demand for the company’s differentiated energy and infrastructure solutions, which contributed 38% of total sales volumes during the quarter. Average sales prices for PE and PP each rose 2% quarter-on-quarter.

 

“Borouge is firmly positioned on an accelerated growth trajectory having demonstrated remarkable resilience and operational excellence over the past couple of years,” commented Hazeem Sultan Al Suwaidi, Chief Executive Officer of Borouge.

 

The company’s continued strong performance lays firm foundations for the proposed combination of Borouge and Borealis, and the acquisition of Nova Chemicals, to create Borouge Group International, a $60 billion global petrochemicals leader. The transactions are scheduled for completion in Q1 2026, subject to legal and regulatory approvals.

 

 


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Financial reports
Borouge
Polypropylene (PP)
Polyethylene (PE)
 USTAB CHEM INTERNATIONAL COMPANY LIMITED      
 Ningxia Baofeng Energy Group Co., Ltd.      
 CHISAGE ENERGY AND CHEMICAL CO., LTD.      
 OQ Marketing (Shanghai) Co., Ltd.      
 Rongsheng Petrochemical Co., Ltd.      
 FUJIAN HUASU INNOVATIVE PLASTICS MATERIALS CO., LTD.      
 ZHEJIANG BASTONE TECHNOLOGY CO.,LTD.      
 Inner Mongolia Dadi Yuntian Chemical Co..Ltd      
 HUAJIN ARAMCO PETROCHEMICAL COMPANY LIMITED      
 HUIZHOU LITUO ADVANCED MATERIALS CO.,LTD.      
 HEFEI NEW LDEA INTELLIGENT TECHNOLOGY CO.，LTD      
 Jiangsu Hanguang Industrial Co., Ltd.      
 Lanzhou Auxiliary Agent Plant Co., Ltd      
 Zhejiang Future Petrochemical Co.,ltd      
 Anhui Ruihua Advanced Materials Co., Ltd.      
 Guangdong MEIJOY Products Co., Ltd      
 HENAN SHUOPENG NEW MATERIALS TECHNOLOGY CO., LTD      

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Source：Adsale Plastics Network Date ：2025-05-15 Editor ：RC
Copyright： This article was originally written/edited by Adsale Plastics Network (AdsaleCPRJ.com), republishing and excerpting are not allowed without permission. For any copyright infringement, we will pursue legal liability in accordance with the law.

Borouge Plc has reported a substantial US$281 million net profit for the first quarter driven by record monthly production in March, an increase in sales volumes and continuous cost discipline.


Borouge_Q1 2025.jpg


Borouge reported increased net profit, driven by higher production and sales volumes, in Q1 2025.


Q1 2025 operational performance remained strong, with production volumes rising 7% year-on-year (YOY) in the first quarter of 2025. Overall asset reliability remained strong, achieving 94.4% by the end of the quarter, with polyethylene (PE) and polypropylene (PP) utilization rates at 101% and 98% respectively, underscoring the company’s operational excellence and efficiency.

 

Demand for high-value product segments were robust in the core growth markets of Asia Pacific, the Middle East, and Africa. Total sales volumes increased 10% YOY in the first quarter to 1.25 million tons, driven by substantial growth of 8% in PE and 13% in PP sales volumes.

 

Revenue in Q1 2025 grew 9% YOY to US$1.42 billion, driven by higher average selling prices and increased sales volumes. The strong performance reflects the growing demand for the company’s differentiated energy and infrastructure solutions, which contributed 38% of total sales volumes during the quarter. Average sales prices for PE and PP each rose 2% quarter-on-quarter.

 

“Borouge is firmly positioned on an accelerated growth trajectory having demonstrated remarkable resilience and operational excellence over the past couple of years,” commented Hazeem Sultan Al Suwaidi, Chief Executive Officer of Borouge.

 

The company’s continued strong performance lays firm foundations for the proposed combination of Borouge and Borealis, and the acquisition of Nova Chemicals, to create Borouge Group International, a $60 billion global petrochemicals leader. The transactions are scheduled for completion in Q1 2026, subject to legal and regulatory approvals.

 

 


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Borouge reports remarkable 9% increase in revenue for Q1

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