# ADNOC and OMV adjust investment plans for Borouge Group International JV

ADNOC and OMV have agreed to strengthen the balance sheet of Borouge Group International AG by temporarily adjusting dividend payments, limiting the 2026 second tranche to 50% of the estimated dividend, and delaying the ADX listing and capital increase to 2027.

- Type: Investment
- Announced: 2026-03-19
- Where: Switzerland
- Status: announced
- Products: polyolefins
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Borouge Group International](https://endata.com/companies/83571.md)
- [OMV S.p.A.](https://endata.com/companies/1004.md) (investor)
- [ADNOC](https://endata.com/companies/2481.md) (investor)

## Sources

- [rigzone.com](https://www.rigzone.com/news/adnoc_omv_tweak_investment_plans_for_polyolefins_jv-20-mar-2026-183257-article/), 2026-03-20: "Considering the current market environment, OMV and ADNOC have agreed to strengthen the balance sheet of Borouge Group International AG as a precautionary measure."

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