Following an agreement announced in March this year, OMV has completed its purchase of an additional 39% stake in Borealis from Mubadala Investment Company for €4.68...
Abu Dhabi National Oil Company (ADNOC) has signed a joint venture agreement with diversified holding company ADQ to create a new chemicals investment platform for funding...
Borealis, OMV, electricity group Verbund and cement company Lafarge Zementwerke have signed a Memorandum of Understanding to plan and construct a full-scale carbon...
The chemical industry is on the threshold of a new era – the age of circularity. We asked industry experts to share their opinions on this transformational topic.
22.05.2020
- Olefins and polyolefins giant Borealis said this week that it no longer plans to pursue development of an ethane cracker and world-scale polyethylene plant in Kazakhstan, a project...
17.04.2020
- Following all regulatory approvals, Borealis has completed the acquisition of Nova Chemicals’ 50% share in Novealis Holdings. The plans were announced at the beginning of this year...
16.03.2020
- OMV will implement a divestment program, synergies and active cash flow management to support its purchase of a 39% stake in leading polymers producer Borealis from Mubadala...
12.03.2020
- Austrian oil and gas group OMV has agreed to buy an additional 39% share in Borealis from Abu Dhabi wealth fund Mubadala for $4.68 billion. The transaction will boost OMV’s...
