ADNOC update on potential polyolefin opportunities

Abu Dhabi National Oil Company (ADNOC) P.J.S.C. (“ADNOC”) has confirmed that negotiations with OMV AG (“OMV”) about the potential creation of a new global polyolefins group, through the proposed combination of their existing shareholdings in Borouge plc (“Borouge”) and Borealis AG (“Borealis”) are ongo...