# EU clears ADNOC and OMV acquisition of Nova Chemicals without conditions

The European Commission approved without conditions the acquisition of Nova Chemicals by ADNOC and OMV, part of a broader merger plan with Borealis and Borouge. The approval was reported on 10 July 2025.

- Type: Regulation
- Announced: 2025-07-10
- Where: Alberta, Canada
- Status: announced
- Capacity: 4.2 million metric tons ethylene and 2.6 million metric tons polyethylene
- Products: ethylene, polyethylene
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Borealis](https://endata.com/companies/242.md) (partner)
- [OMV S.p.A.](https://endata.com/companies/1004.md) (acquirer)
- [ADNOC](https://endata.com/companies/2481.md) (acquirer)
- [NOVA Chemicals](https://endata.com/companies/2940.md) (target)
- [Borouge](https://endata.com/companies/8678.md) (partner)

## Sources

- [polymeric.polimerica.it](https://polymeric.polimerica.it/articolo.asp?id=380), 2025-07-10: "The European Commission has approved, without conditions, the acquisition of Canadian petrochemical group Nova Chemicals by Abu Dhabi National Oil Company (ADNOC) and OMV."

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