Sector News

Borealis and ADNOC consider Borouge IPO

February 20, 2022
Chemical Value Chain

Borealis AG (Borealis) and Abu Dhabi National Oil Company (ADNOC) are considering a potential initial public offering (IPO) of a minority stake in their joint venture Borouge. Headquartered in Abu Dhabi, Borouge is a leading provider of innovative, value creating plastics solutions.

Borealis and ADNOC will provide further material updates as and when appropriate.

By Borealis, Press Release

Source: borealisgroup.com

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