Borouge Plc delivered a 23% quarter-on-quarter net profit rise despite the Ruwais incident, according to results reported on July 31, 2026. The company restored full production after the April 5 incident and shipped all available volumes plus inventory. Realized prices rose 53% quarter-on-quarter, while margins were squeezed by higher logistics and propylene costs.
Insights / Financial
FinancialBorouge Reports 23% QoQ Net Profit Rise Despite Ruwais Incident
Borouge Plc delivered a 23% quarter-on-quarter net profit rise in Q2 2026 despite the Ruwais incident, having restored full production after the April 5 incident and shipped all available volumes plus inventory, with realized prices up 53% QoQ.
