The new entity will buy Nova Chemicals, a leading North American polyethylene producer with four production sites in the Sarnia area, from Mubadala Investment Co., owned by the government of Abu Dhabi ...

Plus: China retaliates, US farm exports take hit; BlackRock takes control of key Panama Ports; EU launches €800b defence war ...

The merged entity, Borouge Group International, is set to be the fourth largest polyolefins firm by production capacity, ...

ADNOC and OMV create a US$60bn polyolefins giant following a merger, reshaping petrochemicals amid the energy transition ...

NOVA Chemicals has been sold. Abu Dhabi National Oil Company has purchased the polyolefins producer with a huge presence in ...

Adnoc and OMV create 50/50 joint venture / Borealis and Borouge to be combined / Nova Chemicals acquisition confirmed ...

Nova is one of North America’s largest polyethylene (PE) resin makers, and is wholly owned by Mubadala Investment Co., a ...

Following the acquisition, the new firm, called Borouge Group International (BGI), will be the world’s fourth-largest ...

Abu Dhabi National Oil Company (Adnoc) and Austria’s OMV have agreed to merge their petrochemical businesses, creating ...

P.J.S.C. and OMV AG (Vienna, Austria) have agreed terms of a binding Framework Agreement regarding the proposed ...

Abu Dhabi’s Adnoc and Austria’s OMV reached an agreement to combine their petrochemical businesses and subsequently acquire ...