# ADNOC and OMV create Borouge Group International via merger

ADNOC and OMV have agreed to merge Borouge and Borealis to form Borouge Group International, a new global polyolefins company valued at over $60 billion, which will also acquire Nova Chemicals for $13.4 billion.

- Type: Acquisition
- Announced: 2025-03-04
- Where: Vienna (legal seat); Abu Dhabi (regional seat), Austria
- Value: $60.0B
- Status: announced
- Capacity: 13.6 million tonnes per annum of polyolefins
- Products: polyolefins (polyethylene, polypropylene)
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Borouge Group International](https://endata.com/companies/83571.md)
- [Borealis](https://endata.com/companies/242.md) (target)
- [OMV S.p.A.](https://endata.com/companies/1004.md) (partner)
- [NOVA Chemicals](https://endata.com/companies/2940.md) (target)
- [Abu Dhabi National Oil Company](https://endata.com/companies/5511.md) (partner)
- [Borouge](https://endata.com/companies/8678.md) (target)

## Sources

- [ambienteplastico.com](https://ambienteplastico.com/adnoc-omv-fusion-borouge-borealis-poliolefinas/), 2026-02-05: "ADNOC y OMV acordaron la creación de una nueva potencia global en poliolefinas mediante la fusión de Borouge y Borealis, operación que dará origen a Borouge Group International, una empresa con un valor estimado superior a 60.000 millones de dólares."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.