Borouge PLC Integrated Report December 31,2025

Borouge reported a full-year 2025 net profit of $1.1 billion and revenue of $5.8 billion, maintaining an industry-leading adjusted EBITDA margin of 37% despite a softer global pricing environment.
Record sales volumes of 5.4 million tonnes were achieved (up 1% YoY), supported by production of 5.1 million tonnes and an average polyethylene (PE) price premium of $224 per tonne over benchmarks.
The Borouge 4 megaproject reached 94% completion by year-end 2025, with the first unit (XLPE 2) entering commissioning; it is expected to add 1.4 million tonnes of annual capacity and generate approximately $400 million in cumulative net profit over three years.
The Board confirmed a total 2025 dividend intention of 16.2 fils per share (c. $1.3 billion) and successfully executed a share buyback program of approximately 212 million shares.