Borouge to Report Third-Quarter Results on October 29 Amid Lack of Verified Operating Figures
Key Facts
Borouge set October 29, 2026, as the date for announcing its third-quarter results, with the webcast due to begin at 12:00 noon UAE time, according to its investor relations calendar. The announcement follows an average operating rate of 60% in the second quarter, according to its earlier statement. The company linked a return to high operating levels in the second half to the availability of feedstock and logistics. It had said that on-site asset availability had been fully restored by the end of June, but production remained constrained by feedstock availability. The results are therefore expected to show whether feedstock supplies and shipping routes allowed operations to improve in the third quarter.
Second-quarter results showed production of 0.7 million tonnes and sales of 0.9 million tonnes, according to the company. Borouge attributed the gap between the two figures to inventory support and alternative shipping routes. It said the average operating rate in the quarter was 60%, and expected a return to high levels in the second half, subject to feedstock and logistics availability. The company had explained that the affected assets had fully returned to production availability by the end of June, but that did not automatically lift output amid supply constraints. This context distinguishes the ability to ship products to customers from actual production at the plants.
Borouge said alternative road, rail and sea routes enabled it to ship volumes exceeding its second-quarter production and helped sustain supplies to customers despite regional disruption. This clarification provides context on the role of inventory and logistics in meeting demand when production was constrained. However, it relates to second-quarter performance and does not by itself establish that alternative routes supported stable operations in the third quarter. The company is due to report results for the new period on October 29, with a webcast at 12:00 noon UAE time. The results will allow a comparison of operations and sales with the previous quarter, while feedstock and logistics availability remain factors the company explicitly cited in its second-half outlook.
Third-quarter 2025 results provide an earlier comparison for sales performance: Borouge sold about 1.355 million tonnes, up 19% quarter on quarter, despite a 5% decline year on year. Production also reached a record 1.390 million tonnes at the time, up 46% from the second quarter of 2025, after scheduled maintenance at the Borouge 3 plant was completed in the previous quarter. Those figures show that production and sales levels are affected by different operating factors and time comparisons; third-quarter 2026 results will therefore be assessed in light of what the company reports for the period and its comparison with the second quarter. Third-quarter sales and operating-rate figures are still awaiting the official announcement scheduled for October 29.
On dividends, Borouge confirmed in August its intention to pay a total of 16.2 fils per share for 2026, with the final payment of 8.1 fils per share expected in the second quarter of 2027. The announcement sets out a disclosed financial framework for the year as investors await third-quarter operating and sales results. The next event on the company’s calendar is the results announcement and webcast on October 29 at 12:00 noon UAE time, according to its investor relations calendar.