under the guidance of the UAE leadership. Building on our 25-year strategic partnership with OMV, we will create a new industry powerhouse, with a portfolio of premium products, cutting-edge ...

Borouge and OMV will create a $60 billion chemicals behemoth ... But it is clear that this chemical powerhouse has been part of the UAE’s broader focus to become specialists in all things ...

(Bloomberg) -- The United Arab Emirates’ and Austria’s top oil companies ... Abu Dhabi National Oil Co. and OMV AG will merge their units Borealis AG with Abu Dhabi-listed Borouge Plc, capping ...

The $60 billion company formed by the merger of Adnoc and OMV AG’s chemical units is targeting a more than 50% boost in profits, and remains open for further deals or building new plants.

(Bloomberg) — The United Arab Emirates’ and Austria’s top oil companies agreed on terms to create a chemicals giant worth more than $60 billion, enhancing their positions in an industry they expect ...

(Bloomberg) -- The United Arab Emirates’ and Austria’s top oil companies agreed on terms to create a chemicals giant worth more than $60 billion, enhancing their positions in an industry they expect ...

Borouge and Borealis combine to form $60bn Borouge Group International with polyolefins capacity of appx 13.6mn tons per annum; New entity to acquire Nova Chemicals for $13.4bn ...

Read: UAE’s Adnoc and OMV Agree to Form $60 Billion Chemical Giant Adnoc and OMV on Tuesday said they agreed to merge their units Borealis AG with Abu Dhabi-listed Borouge to create Borouge ...

OMV AG shows strong fundamentals but is overvalued. Read why it's a Hold for OMVKY stock until €35/share and how it compares ...

Dr. Sultan Ahmed Al Jaber, ADNOC Managing Director and Group CEO, said: “These transformative transactions mark a pivotal milestone in ADNOC’s global chemicals strategy as we deliver on our ...