# Borealis and Borouge merger, Nova acquisition on track to close by end-Q1 2026

The combination of Borealis, Borouge, and Nova Chemicals into a new entity called BGI is on track to close by the end of the first quarter of 2026, creating the world's fourth-largest polyolefins player with initial synergies exceeding $500 million.

- Type: Acquisition
- Announced: 2026-02-07
- Status: announced
- Products: polyolefins
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Borealis](https://endata.com/companies/242.md)
- [NOVA Chemicals](https://endata.com/companies/2940.md) (target)
- [Borouge](https://endata.com/companies/8678.md) (partner)

## Sources

- [chemweek.com](https://chemweek.com/document/show/phoenix/6166156/Borealis-Borouge-merger-Nova-acquisition-on-track-to-close-by-end-Q1?connectPath=&searchSessionId=23d789d3-94d5-4f32-9403-15f42f42504b), 2026-02-07: "Combination of firms into BGI before end of Q1 will create world’s fourth-largest polyolefins player; initial synergies will come to more than $500M."

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