Inspiring Tomorrow - Corporate Presentation
REVENUE BREAKDOWN - VOLUMES AND PRODUCT
PRICES
Operational excellence and debottlenecking (1) driving consistent volume growth
Revenue Development (2)
Volumes
Revenues
Benchmark
Prices (4)
(in kt)
Others
3,977
Turnaround
at B3
4,435
4,202
4,422
(5)
197
248
141
141
ПРЕ
2,383
2,517
2,416
2,509
■PP
|
1,397
1,671
1,645
I
1,772
I
2019A
2020A
2021A
2021PF(3)
I
(in $m)
4,166
4,093
5,477
I
6,216
(5)
■ Others
131
125
140
123
■ PE
I
3,547
3,285
I
2,515
2,364
■ PP
1,511
1,606
2,067
2,538
2019A
2020A
2021A
2021PF(3)
(in $ /t)
-PE
1,026
907
-PP
963
1,166
1,087
Commentary
بروج
Borouge
דיי
■ Volume increase mainly driven by
operational excellence programs and
revamp of PE3 plant
- 2021PF volumes include third
party and compounding
volumes from PTE
■ The pandemic had no meaningful
impact on 2020 volumes, highlighting
the resilience of Borouge's diversified
end market exposure
Revenue decline in 2020 due
to weakness in overall pricing
environment driven by low oil
prices
Strong industrial demand and
favorable supply & demand dynamics
in 2021 leading to a meaningful
increase in benchmark prices
859
2020A
2021A
2019A
Sources: Company Information, IHS Markit
1)
Refers to steps taken to remove rate-limiting factors on plant production
2)
ADP only, except 2021 PF
68
Corporate Presentation | April 2022
4)
5)
Unaudited pro forma financial information reflecting the combination of ADP and PTE as if it had occurred on 1-Jan-2021
Benchmark prices represent HDPE Blow Molding NEA CFR and PP Raffia NEA CFR prices as per IHS Markit data
Others predominantly refers to sales of excess ethylene and by-products
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