Loading…

ENDATA · Copyright (c) 2026 Endata · Data: CEPII BACI (Etalab 2.0), Federal Reserve G.17, U.S. BLS, Eurostat, World Bank (CC BY 4.0), GLEIF, SEC EDGAR; announcements summarized from the linked sourcesProspects Companies Sectors Announcements Countries

HOME BRIEF PROSPECTS SECTORS ANNOUNCEMENTS COMPANIES COUNTRIES

>

INDUSTRIAL MARKET INTELLIGENCE

ANNOUNCEMENTSAll New facility Expansion Investment Acquisition Contract Closure

INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%

EU approves acquisition of Nova Chemicals by Adnoc and OMV · Endata

◂ Announcements

Jul 14, 2025ACQUISITIONCalgary, Alberta, Canada

EU approves acquisition of Nova Chemicals by Adnoc and OMV

The European Commission has approved the acquisition of Nova Chemicals by Borouge Group International, a joint venture being created by OMV and Adnoc. The deal is expected to close in Q1 2026.

Status

Announced

Capacity

12.2 million tonnes per year of resin capacity plus 900,000 metric tons per year of compounds

Productsethylenepolyethylenepolyolefinscompounds

CompaniesOMV S.p.A. acquirer OMV S.p.A. investor NOVA Chemicals target Abu Dhabi National Oil Company acquirer Abu Dhabi National Oil Company investor Borouge Group International acquirer

Sectors#Plastics and Polymers

“The European Commission (EU) has approved, without conditions, the acquisition of Calgary-based material supplier Nova Chemicals Corp. by Borouge Group International.”canplastics.com

2 sources
canplastics.comEU Approves Acquisition Of Nova Chemicals By Adnoc And OMV - Canadian PlasticsJul 14, 2025
cpecn.comEU Approves Acquisition Of Nova Chemicals By Adnoc And OMV - CPECNJustin YuleAug 5, 2025

Summarized from public sources; check the original articles before acting on it.

More from OMV S.p.A.

Apr 8, 2026ACQUISITION
Borouge and Borealis form Borouge International and acquire NOVA Chemicals
Borealis acquirer OMV S.p.A. investor packagingeurope.com
Jul 16, 2025ACQUISITION
Adnoc to transfer OMV stake to XRG
ADNOC OMV S.p.A. target plastmatch.com
Jul 10, 2025REGULATIONAlberta, Canada
EU clears ADNOC and OMV acquisition of Nova Chemicals without conditions
Borealis partner OMV S.p.A. acquirer polymeric.polimerica.it
Mar 18, 2025ACQUISITIONCanada$13.4B
OMV and ADNOC form Borouge Group International via merger of Borealis, Borouge, NOVA Chemicals
Borealis target OMV S.p.A. investor chemanalyst.com mergersight.com
Mar 4, 2025ACQUISITIONCanada$13.4B
Adnoc and OMV to merge polyolefins units and acquire Nova Chemicals for $13.4B
OMV S.p.A.Abu Dhabi National Oil Company energyintel.com theobserver.ca
Mar 4, 2025ACQUISITIONVienna, Austria, Austria$13.4B
OMV and Adnoc to merge Borealis and Borouge, acquire Nova Chemicals for $13.4B
OMV S.p.A.Abu Dhabi National Oil Company canplastics.com

Similar announcements

Sep 4, 2026ACQUISITIONBrampton, Ontario, Canada
Jones Healthcare Group acquires Brampton thermoforming facility from good natured Products
Good Natured Products partner Jones Healthcare Group acquirer packagingdive.com
May 4, 2026ACQUISITIONMontreal, Canada350 jobs
PolyExpert and Polykar merge to form Invera Flexibles
Invera Flexibles Kent Road Capital investor newswire.ca packagingstrategies.com
Feb 4, 2026ACQUISITIONnear Toronto, Canada
FirmaPak acquires Canadian blow molder Easy Plastic Containers
Shore Capital Partners investor FirmaPak acquirer privateequityinternational.com packaginginsights.com
Oct 8, 2025ACQUISITIONMississauga, Ontario, Canada$22.5M
Cascades sells Flexible Packaging plant in Mississauga to Five Star Holding for CAN$31M
Cascades partner Five Star Holding acquirer cascades.com
Sep 11, 2025ACQUISITIONOakville, Ontario, Canada
Xaloy acquires Ultimate Twin Screws, forms Xaloy Canada
Xaloy acquirer Ultimate Twin Screws target plasticstoday.com
Mar 4, 2025ACQUISITIONCanada$13.4B
ADNOC and OMV merge polyolefin businesses, acquire Nova Chemicals for $13.4B
Borealis partner OMV S.p.A. partner al-monitor.com