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 ...

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 ...

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 ...

Stock markets in the Gulf ended mixed on Tuesday as new U.S. tariffs threatened to escalate global trade tensions, while ...

Top Emirati and Austrian oil companies, Abu Dhabi National Oil Company (ADNOC) and OMV will merge their polyolefin businesses ...