XRG

XRG is an international energy and chemicals investment company headquartered in Abu Dhabi, United Arab Emirates. Launched by ADNOC in November 2024, it is wholly owned by the energy group and invests across international gas, chemicals, and lower-carbon energy. XRG jointly controls Borouge International with OMV, holding a 50% stake. Its role in the recycling expansion is through ownership of the wider polymer manufacturing group.