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 damage to assets at its Ruwais production facilities on April 5, 2026, caused by falling debris from an air defense interception; no injuries occurred and fires were controlled.
Production activity in the affected areas has been suspended to allow for damage assessment and repairs.
The company achieved high utilization rates in Q1 2026 and utilized alternative routes and additional storage to maintain sales during March.
Management maintains that the company has sufficient financial resilience, cash generation, and liquidity to navigate the short-term operational disruption.