Austrian energy group OMV expects the Borouge-Borealis merger to have a positive effect of 120 million euros ($140.8 million) ...

Austrian energy group OMV expects the merger of Borouge and Borealis to have a positive effect of €120 million ($140.8 million) on its second-quarter operating result before special effects, it said ...

Abu Dhabi National Oil Company and Austria's OMV will merge their polyolefin businesses to create a chemicals powerhouse with a $60 billion enterprise value, as the Gulf state oil company advances ...

Abu Dhabi’s Adnoc and Austria’s OMV reached an agreement to combine their petrochemical businesses and subsequently acquire Canada’s Nova Chemicals to form a giant with a combined value of ...

Abu Dhabi National Oil Co. and Austria’s OMV AG are putting the final touches on a deal to create a petrochemical firm worth more than €30 billion ($32 billion), according to people with ...

OMV and ADNOC agreed on the key terms of the potential consolidation of their polyolefin businesses and the subsequent acquisition of NOVA Chemicals under the new JV.

Adnoc and OMV will create Borouge Group International through an all-share combination of Borouge and Borealis, the companies said Tuesday.

Adnoc and OMV said Borouge Group International, which they said would have an enterprise value of more than $60bn, would be the fourth-largest polyolefins company, and second-largest outside China.

Abu Dhabi’s Adnoc and Austria’s OMV reached an agreement to combine their petrochemical businesses and subsequently acquire Canada’s Nova Chemicals to form a giant with a combined value of ...