Adnoc and OMV announce deal to combine their petrochemical assets
Abu Dhabi National Oil Company has sealed a long-awaited deal to create a $60bn global plastics company after agreeing to combine its petrochemical assets with those of Austria’s OMV.
Hydrocarbon Processing52m
ADNOC and OMV to create $60+ billion global polyolefins champion
Abu Dhabi National Oil Company (ADNOC) and OMV Aktiengesellschaft (OMV) have agreed terms of a binding Framework Agreement (the Agreement) regarding the proposed combination of shareholdings in ...