Borouge Plc update following incident at Ruwais | premargin
Borouge Plc update following incident at Ruwais
·ADX·General Disclosure | General Press Release·April 6, 2026·View on exchange
AI Summary
Borouge reported asset damage at its Ruwais production facilities on April 5, 2026, resulting from falling debris following an air defense interception.
Production in the affected areas has been suspended to allow for damage assessment and repairs; no injuries were reported and all resulting fires are under control.
The company maintains significant liquidity and financial resilience to manage the short-term disruption, noting high utilization rates and strong global polyolefin prices throughout Q1 2026.