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project "Bruges 4" It supports the energy sector in the UAE by supplying the first shipment of its production

ABU DHABI, 6 MAY / WAM / Borouge PLC, a leader in the field of petrochemicals and provider of innovative and diversified polyolefin solutions, is preparing to supply the first shipment of cross-linked polyethylene (XLPE) from the “Borouge 4” expansion project during the current quarter of the year, in a step that strengthens its support for the development of the energy sector in the UAE.

The new cross-linked polyethylene factory contributes to adding an annual production capacity of 100,000 tons, doubling the company’s current production capacity of this material to about 200,000 tons annually.

Cross-linked polyethylene is used in the manufacture of high-voltage underground and deepwater power cables that support the expansion of electricity networks and contribute to accelerating the global transformation of the energy sector.

Borouge is the only manufacturer of this material in the region, enhancing its ability to meet the growing demand in fast-growing economies and data centers in Asia and the Middle East.

Borouge will work with a number of leading industrial companies in the UAE to conduct performance tests on the initial shipment of materials produced in the new cross-linked polyethylene factory. After completing these tests, it will begin raising production capacity in the new factory to supply materials designated for high and medium voltage applications, in a way that supports the growing demand for energy projects in the UAE and major global markets.

Hazim Sultan Al Suwaidi, CEO of Borouge, said that the “Borouge 4” project continues to achieve rapid progress, which reflects the strength of the company’s partnerships and its commitment to operational excellence, and that the completion of the new cross-linked polyethylene plant represents a major milestone in Borouge’s journey. It enhances its ability to provide high-value polyolefin solutions that support the growth of the energy sector in the UAE and meet demand in major global markets.

He added that by expanding our production capacity and adopting the latest technologies, we are in a strong position to implement our long-term strategy to create value for shareholders.

The “Borouge 4” project is located within the Ruwais Petrochemical Complex and includes one of the largest factories in the world equipped with modern “Borstar®” technology.

Contracts and purchases worth approximately 2.2 billion UAE dirhams ($600 million) were also awarded to UAE-based companies associated with the project development operations, while the number of workers at the project site exceeded 24,000 people during the peak of construction work.

This project is in line with the comprehensive national program for sustainable economic growth “Project 300 Billion” of the Ministry of Industry and Advanced Technology, which aims to develop the industrial sector in the UAE and enhance its role in stimulating the national economy.

This program seeks to raise the industrial sector’s contribution to the gross domestic product from 133 billion dirhams to 300 billion dirhams by 2031.

Borouge is responsible for operating the “Borouge 4” project on behalf of the project owners, ADNOC and OMV, which contributes to increasing the company’s production capacity by 1.4 million tons, and makes the Ruwais facility the largest polyolefin production facility in one location in the world.

The project is expected to achieve cumulative net profits of up to 1.5 billion UAE dirhams ($400 million) within three years, equivalent to an annual increase of about 10% in Borouge PLC’s profits after reaching the full operation stage.

“Buruj PLC” obtained the operating and marketing rights for the “Buruj 4” project from the project owners, under a user agreement, which gives it greater flexibility in managing assets and maximizing value in the long term, without the need for prior capital investments.

The successful establishment of “Borouge International”, which was completed on March 30, 2026, contributed to the establishment of the fourth largest polyolefin producer in the world, in terms of production capacity, combining innovative products, leading technologies and a large-scale global presence.

Borouge PLC is now part of Borouge International, and is expected to benefit from the global reach of the new company, which enhances Borouge PLC’s competitiveness in the long term and supports the expansion of geographical diversification and global presence, providing a larger and more diversified base for realizing value in the future, with a firm and ongoing commitment to enhancing returns to shareholders.

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