Borouge is a petrochemical company founded in 1998 through a strategic partnership between ADNOC and Borealis. It provides differentiated polyolefin solutions across 86 countries. It was listed on the ADX in 2022. In 2024, it recorded a production volume of 5.2 million tons and achieved its highest-ever annual sales volume of 5.336 million tons. In March 2025, Borouge announced plans to merge with Borealis and acquire Nova Chemicals for $13.4 billion, forming the $60 billion Borouge Group International, which is set to be listed on ADX.