Borouge PLC 2022 AR2
The report highlights Borouge PLC's performance in 2022, its first year as a publicly listed company on the Abu Dhabi Securities Exchange. Despite challenging market conditions, the company achieved record sales volumes, driven by a 14.9% increase in total polyolefin sales and the successful startup of its fifth polypropylene unit (PP5), which boosted total production capacity to 5 million tonnes per year. Borouge advanced its circular economy commitments by establishing 12 recycling partnerships across seven countries and obtaining the Global Recycled Standard certification. Additionally, the company progressed with the construction of the Borouge 4 facility, aimed at increasing total production capacity to 6.4 million tonnes per year by 2025.
Company: Borouge PLC
Sector: Manufacturing
Country: United Arab Emirates
Year: 2022
Type: AR2
Pages: 158
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Borouge PLC
Annual Report
The report highlights Borouge PLC's performance in 2022, its first year as a publicly listed company on the Abu Dhabi Securities Exchange. Despite challenging market conditions, the company achieved record sales volumes, driven by a 14.9% increase in total polyolefin sales and the successful startup of its fifth polypropylene unit (PP5), which boosted total production capacity to 5 million tonnes per year. Borouge advanced its circular economy commitments by establishing 12 recycling partnerships across seven countries and obtaining the Global Recycled Standard certification. Additionally, the company progressed with the construction of the Borouge 4 facility, aimed at increasing total production capacity to 6.4 million tonnes per year by 2025.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women in Management
Net Zero Target
Employees