Borouge
Rise to Become a Global Chemical Giant: Government Duo Insists on Location Guarantees for Austria in Abu Dhabi
With the merger of Borealis, Borouge, and NOVA Chemicals to form “Borouge International,” Austria has suddenly joined the top tier of the global chemical industry. Now, a high-ranking government delegation has traveled to the United Arab Emirates (UAE) to vigorously negotiate Austria’s interests at the first major management meeting.
November 8, 2026
OMV's Borealis to Merge with Borouge in a 30 Billion Euro Deal
OMV's subsidiary Borealis is set to merge with the Abu Dhabi-based petrochemical company Borouge, creating a new global heavyweight in the chemical and plastic sector with an estimated value of 30 billion euros. This significant move marks a transformative step in the ongoing value creation and chemical growth strategy of both companies.
December 14, 2023
Borealis Records Strong Results in the First Quarter
The Austrian chemical company achieved a net profit of € 174m, an increase of € 120m. Both the Polyolefins and Base Chemicals businesses improved versus last year's results.
May 19, 2011
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