The two companies are merging some petrochemicals and plastics units to form Borouge Group, which will also acquire Canada's ...

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

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

Ship chartering giants Abu Dhabi National Oil Company (Adnoc) and Austria's OMV are merging their polyolefin operations as ...

By Gursimran Mehar, Yousef Saba, Federico Maccioni and Abinaya V (Reuters) -Abu Dhabi National Oil Company and Austria's OMV ...

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 $60 billion company formed by the merger of Adnoc and OMV AG’s chemical units is targeting a more than 50% boost in ...

Nova Chemicals has opened a major plastic film recycling plant in Indiana that will produce 150 million pounds of ...

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

Novolex and Nova Chemicals are getting ready to open a mechanical recycling facility for plastic film in Connersville, Ind.

Adnoc and OMV will create Borouge Group International through an all-share combination of Borouge and Borealis, the companies said Tuesday. OMV will inject 1.6 billion euros ($1.68 billion) in cash ...

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 ...