Borouge was founded by, and is owned, by two major players in the global oil and chemical industry.
Abu Dhabi National Oil Company (ADNOC)
The Abu Dhabi National Oil Company (ADNOC) is one of the world's leading oil and gas companies. It operates across the entire hydrocarbon value chain, through a network of fully-integrated businesses, with interests that range from exploration, production, storage, refining and distribution, to the development of sophisticated, value-added petrochemical products for fast-paced industries. Since 1971, ADNOC has been the primary catalyst for Abu Dhabi’s growth and diversification, managing, producing and preserving the emirate’s hydrocarbon reserves on behalf of the Abu Dhabi Government.
Borealis is a leading provider of innovative solutions in the fields of polyolefins, base chemicals and fertilisers with its head office in Vienna, Austria. Borealis provides services and products to customers around the world in collaboration with Borouge, a joint venture with the Abu Dhabi National Oil Company (ADNOC). Building on its proprietary Borstar® and Borlink™ technologies and more than 50 years of combined experience in polyolefins, Borealis and Borouge support key industries with a wide range of applications in the areas of energy, mobility, infrastructure, agriculture, healthcare and packaging.
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Global petrochemicals family
Borealis, Borouge and NOVA Chemicals operate entirely separately, but share their commitment for a successful growth and combined contribution of petrochemicals to society offering a value proposition of scale of operations, feedstock integration, proprietary technology and access to global markets. Together they manufacture approximately 10 million tonnes of polyethylene and polypropylene annually, placing them amongst the largest producers of polyolefins in the world. All three of them are part of a global petrochemicals family that includes their owner companies IPIC, OMV and ADNOC.