Nova Chemicals will cost the new entity $13.4 billion including debt. OMV will inject 1.6 billion euros ($1.68 billion) in ...

ADNOC would combine Nova with Borealis and Borouge, creating a firm with nearly $17 billion in sales, based on 2023 results. Chemical & Engineering News ISSN 0009-2347 ...

ADNOC and OMV expect to complete the Borealis-Borouge combination and the NOVA Chemicals acquisition in the first quarter of 2026 subject to regulatory approvals and other customary conditions.

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

ADNOC has entered into a share purchase agreement (SPA) with Nova Chemicals Holdings, which is an indirectly wholly- owned company of Abu Dhabi's Mubadala, to buy out Nova Chemicals Corp.

OMV and ADNOC have partnered to combine their polyolefins businesses, creating a $60 billion global leader in the sector, including the acquisition of Nova Chemicals. Type your search and press Enter ...

ADNOC and Austria’s OMV have announced today that they will merge their shareholdings in Borouge plc and Borealis AG to create Borouge Group International. This new combined company will then acquire ...

Austria's OMV and Abu Dhabi National Oil Company (ADNOC) said on Friday they are considering a joint venture to acquire Canada's Nova Chemicals if its owner, the Abu Dhabi sovereign wealth fund ...

(Bloomberg) -- Abu Dhabi National Oil Co. and energy producer OMV AG are considering buying Canada’s Nova Chemicals Corp. and rolling it into an industry giant they’re seeking to create by merging two ...

Nova Chemicals will cost the new entity $13.4 billion including debt. OMV will inject 1.6 billion euros ($1.68 billion) in cash into the business to put its shareholding on par with Adnoc, they said.

ADNOC had already agreed in October to buy German chemicals maker Covestro for 14.7 billion euros including debt. Nova can produce 2.6 million metric tons of polyethylene a year and 4.2 million ...