Bulletin Updates

JV for merger of petrochemical holdings in Borouge and Borealis AG – 18 Jul 2023

Jul 18, 2023

Abu Dhabi National Oil Company is pleased to announce that it is engaged in formal negotiations with OMV AG regarding the formation of a new petrochemicals holding entity

The discussions revolve around a potential merger of their existing shareholdings in Borouge and Borealis AG

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