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Borouge and Al Ain Farms Group signed an MoU for Borouge to supply about 3,500 tonnes of HDPE resin annually, a 600% increase, for caps, closures and in-house blow moulding in the UAE.
Borouge agreed to increase annual HDPE resin supply to Al Ain Farms Group to 3,500 tonnes, a 600% rise, for its caps and closures business and planned in-house blow moulding, signed at Make it in the Emirates.
Borouge and Borealis combined into Borouge International, which is acquiring NOVA Chemicals, with OMV and XRG each holding 50 percent. The new company is headquartered in Austria with regional headquarters in the UAE.
The European Commission approved without conditions the acquisition of Nova Chemicals by ADNOC and OMV, part of a broader merger plan with Borealis and Borouge. The approval was reported on 10 July 2025.
ADNOC L&S secured a 15-year contract to manage up to 70% of Borouge's output transportation, including port operations, container handling and feeder ship services at Al Ruwais, with a minimum guaranteed value of $531 million.
Borouge announced a series of supply agreements and collaborations valued at over $100 million to supply advanced polyethylene and polypropylene to Bericap, Taghleef Industries, INDEVCO Group and ALPLA, plus a shipping sack project with Tahzeem Packaging and Rebound.
Borouge signed four supply agreements for polyethylene and polypropylene with Bericap, Taghleef Industries, INDEVCO Group and ALPLA, plus a collaboration with Tahzeem Packaging and Rebound for recycled-content shipping sacks, valued at over $100 million (AED 367 million), announced on 28 January 2025.
ADNOC joint venture Borouge signed a memorandum of understanding with Abu Dhabi Medical Devices Company (ADMD) to supply polyolefin materials for medical devices and pharma packaging in Abu Dhabi.
Borouge awarded engineering, procurement and construction contracts for Borouge 4, a $6.2 billion expansion of its Ruwais complex, to Al Asab General Transport and Contracting and to Technip Energies with Target Engineering.
