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

DubaiADNOC will shift its 24.9 per cent holding in Austrian oil‐and‐gas group OMV AG into XRG P. J. S. C, the UAE sta ...

Europe's petrochemical industry is unravelling under a wave of plant closures after years of losses and a rapid expansion of global capacity led by China.

The Abu Dhabi petrochemicals producer intends to increase production of butene-1 from its Borouge 2 olefins conversion unit ...

This transfer, which is subject to regulatory approvals, is aligned with ADNOC's strategy to consolidate its international ...

After nearly two years of negotiations, Abu Dhabi National Oil Company and OMV agreed in March to merge their polyolefin ...

Borouge and Honeywell to collaborate on proof of concept for autonomous operations to enhance Borouge’s UAE production capabilities and operational efficiency ...

Borouge has partnered with Honeywell to conduct a proof of concept for AI-powered autonomous operations.

The European Commission has determined that the merger doesn't threaten competition in the ethylene and polyolefins markets.

The transfer is subject to regulatory approvals and is aligned with Adnoc’s strategy to consolidate its international growth ...