Borouge Group will combine two joint ventures - Borealis, 75% owned by OMV and 25% by ADNOC, and Borouge, 54% owned by ADNOC and 36% by Borealis. "We're bringing a global chemicals group to ...

OMV will inject 1.6 billion euros ($1.68 billion) in cash into the business to put its shareholding on par with Adnoc, they ...

Abu Dhabi's Adnoc and Austria's OMV reached an agreement to combine their shareholdings in Borouge and Borealis and subsequently acquire Nova Chemicals for $13.4 billion--including debt--to form a ...

OMV and ADNOC agreed on the key terms of the potential consolidation of their polyolefin businesses and the subsequent acquisition of NOVA Chemicals under the new JV. Image by XXLPhoto via iStock ...

ADNOC and Austria’s OMV have announced they will merge their shareholdings in Borouge plc and Borealis AG to create Borouge Group International. This new combined company will then acquire NOVA ...

C&EN’s Global Top 50 chemical firms for 2024 Biogen taps start-up for RNAi collaboration Abu Dhabi National Oil Company (ADNOC) and the Austrian refiner OMV are contemplating the purchase of the ...

OMV, ADNOC to merge polyolefins businesses Borouge and Borealis New entity, ‍Borouge Group International, will acquire Nova Chemicals for $13.4 billion ADNOC and OMV to have equal share in ...

Abu Dhabi's Adnoc and Austria's OMV reached an agreement to combine their petrochemical businesses and subsequently acquire Canada's Nova Chemicals to form a giant with a combined value of about ...