The new entity will buy Nova Chemicals, a leading North American polyethylene producer with four production sites in the Sarnia area, from Mubadala Investment Co., owned by the government of Abu Dhabi ...
The merged entity, Borouge Group International, is set to be the fourth largest polyolefins firm by production capacity, ...
ADNOC and OMV create a US$60bn polyolefins giant following a merger, reshaping petrochemicals amid the energy transition ...
Following the acquisition, the new firm, called Borouge Group International (BGI), will be the world’s fourth-largest ...
China Retaliates Against U.S. With Tariffs, Controls on U.S. Companies China hit back at the U.S. with a slate of retaliatory measures in response to the Trump administration's latest tariff increase, ...
Abu Dhabi’s Adnoc and Austria’s OMV reached an agreement to combine their petrochemical businesses and subsequently acquire ...
The $60 billion company formed by the merger of Adnoc and OMV AG’s chemical units is targeting a more than 50% boost in ...
Adnoc and OMV will create Borouge Group International through an all-share combination of Borouge and Borealis, the companies said Tuesday. OMV will inject 1.6 billion euros ($1.68 billion) in cash ...
Adnoc and OMV have agreed on the terms of a binding framework agreement regarding the proposed combination of shareholdings ...
OMV and ADNOC agreed on the key terms of the potential consolidation of their polyolefin businesses and the subsequent ...
Abu Dhabi National Oil Company (ADNOC) and OMV Aktiengesellschaft (OMV) have agreed terms of a binding Framework Agreement (the Agreement) regarding the proposed combination of shareholdings in ...