Adnoc and OMV will create a $60 billion chemicals joint venture
Austria's OMV and Abu Dhabi's National Oil Company will create a $60 billion chemicals joint venture after two years of talks.
The New York Times24d
Austria, a Longtime Buyer of Russian Gas, Tries to Break the Habit
The pipeline that fed Austria through Ukraine and Slovakia stopped flowing at the beginning of this year. OMV says it has prepared for this moment for more than two years. It is helped by being a ...
Khaleej Times on MSN14d
UAE's ADNOC, Austria's OMV to create Dh220-billion global chemicals powerhouse
ADNOC and Austria’s OMV announced that they will merge their shareholdings in Borouge plc and Borealis AG to create Borouge ...
ADNOC and OMV to Merge Petrochemical Firms to Create $60 Billion Giant
Abu Dhabi National Oil Company and Austria's OMV will merge their polyolefin businesses to create a chemicals powerhouse with ...
TradeWinds13d
Adnoc and OMV forge $60bn powerhouse with merger of chemicals businesses and takeover of Canadian producer
Ship chartering giants Abu Dhabi National Oil Company (Adnoc) and Austria's OMV are merging their polyolefin operations as ...
UAE’s Adnoc and OMV Agree to Form $60 Billion Chemical Giant
The United Arab Emirates’ and Austria’s top oil companies agreed on terms to create a chemicals giant worth more than $60 billion, enhancing their positions in an industry they expect will continue to ...
Arabian Business21h
Borouge plans a buyback for up to 2.5% of its outstanding shares
The Abu Dhabi petrochemical company also seeks shareholders’ approval for final 2024 dividends of AED0.794 fils per share ...
domain-b.com12d
ADNOC and OMV to merge polyolefin businesses to create $60 billion giant
State-owned Abu Dhabi National Oil Company (ADNOC) and Austria's OMV will merge their polyolefin businesses to create a $60 ...
Chemical Engineering6d
OMV receives EU funding for large-scale chemical-recycling plant
OMV AG (Vienna, Austria) and the European Climate, Infrastructure and Environment Executive Agency (CINEA) have signed a grant agreement for OMV’s planned ...
Reuters16d
ADNOC and OMV to merge petrochemical firms to create $60 billion giant
"We're bringing a global chemicals group to Austria," OMV CEO Alfred Stern told Reuters. OMV shares rose as much as 4% before paring gains. The merged entity will also acquire Canada's Nova ...