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Borouge net profit rises to $281m in 1st quarter
Gulf Today
|May 01, 2025
Borouge has reported a substantial $281 million net profit for the first quarter driven by record monthly production in March, an increase in sales volumes and continuous cost discipline.
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QI 2025 operational performance remained strong, with production volumes rising 7 percent year-on-year in the first quarter of 2025. Overall asset reliability remained strong, achieving 94.4 percent by the end of the quarter, with polyethylene and polypropylene utilisation rates at IOI percent and 98 percent, respectively, underscoring the company's operational excellence and efficiency.
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