OMV and XRG Complete Transactions to Create Borouge International, Boosting Global Chemicals Leadership

March 31, 2026 – OMV Aktiengesellschaft (“OMV”) and XRG, ADNOC’s international investment arm, today announced the successful formation of Borouge Group International AG, to operate under the brand name “Borouge International”. It is the world’s leading pure-play polyolefins company and fourth-largest polyolefins producer with premium products, pioneering technology and a global footprint. 

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