OMV, ADNOC to merge polyolefins businesses Borouge and Borealis New entity, ‍Borouge Group International, will acquire Nova Chemicals for $13.4 billion ADNOC and OMV to have equal share in ...

The Abu Dhabi National Oil Company (ADNOC) and Austria’s OMV have agreed to merge their holdings in Borouge and Borealis, forming Borouge Group International, which will acquire North American ...

The merged entity, Borouge Group International, is set to be the fourth largest polyolefins firm by production capacity, behind China's Sinopec and CNPC and U.S.-based ExxonMobil, ADNOC Downstream ...