Jan 30, 2025ACQUISITIONCanada Adnoc and OMV to merge Borealis and Borouge
Abu Dhabi National Oil Co. (Adnoc) and Austria's OMV are expected to complete the merger of their jointly owned petrochemical players Borealis and Borouge in February, creating an estimated $30 billion polyolefins industry giant.
Productspolyolefins
“Abu Dhabi National Oil Co. (Adnoc) and Austria's OMV are expected to complete the merger of their jointly owned petrochemical players Borealis and Borouge in February, creating an estimated $30 billion polyolefins industry giant.”energyintel.com
- 7 sources
- energyintel.comBorouge-Borealis Deal Seen Closing in February | Energy IntelligenceAuthor Oliver Klaus, Dubai Editor Deb KellyJan 30, 2025
- omv.comOMV and ADNOC contemplate an inclusion of Nova Chemicals as part of their potential polyolefins cooperation | OMV.comJan 31, 2025
- reuters.comAustria's OMV, ADNOC mull acquiring Nova ChemicalsJan 31, 2025
- bloomberg.comUAE’s Adnoc Aims to Buy Nova Chemicals, Roll Into Deal With OMV - BloombergAnthony Di PaolaFeb 2, 2025
- energyintel.comAdnoc, OMV Agree on Creating Polyolefin Giant | Energy IntelligenceAuthor Oliver Klaus, Dubai Editor Massoud Derhally
Summarized from public sources; check the original articles before acting on it.
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