Abu Dhabi National Oil Company

The plastics industry continues to work in a state of emergency / Slumps in demand, cheap imports and ever-new regulations make life difficult for producers and processors / Producers on the other side of the Atlantic also face more difficulties

Borealis, Borouge reportedly on the verge of a merger

State-owned company reportedly plans to acquire BASF subsidiary Wintershall Dea

Billion-euro purchase offer from Adnoc / Emirates group plans to extend downstream value chain

Does Adnoc's potential takeover of Covestro mark the beginning of an M&A boom? / PIE interviews M&A expert, Carlos Robles y Zepf

2023 core profit seen at the low end of target / Difficult economic landscape depresses Q3 sales by 23%

Polycarbonate: First Chinese recyclate compounding plant on stream / Asian capacity undergoes major expansion

Plans with Saudi Arabia for Ratnagiri refinery to be accelerated / Resistance from locals

Plastics producer now in open-ended negotiations with Adnoc / German trade union insists on job security

Adnoc increases takeover bid again

Hope for H2 / Aim to keep margins high, costs low / Difficult road ahead for recyclate

Few resin makers among nation's elite companies / Organisational shifts alter rankings

Adnoc increases purchase offer / Next round of Takeover poker

Management seeks to merge Borealis, Borouge assets / Resulting company could be worth USD 20 bn

Are OMV and Adnoc planning a merger? / A move up into the heavyweight league

Follow-up: Plastics group turns down Adnoc takeover bid

Emirati-run Adnoc makes takeover approach to German resin maker – media reports / Share price jumps

Brazilian PVC producer Unipar offers billion-dollar deal to compatriot Novonor

Adnoc, Apollo bid for Brazilian resin maker / Earnings rise marginally in Q1

Earnings at resin maker sag after Q4 loss / JV contributions to OMV plunge

Austrian petchem group accelerates realignment

Adnoc to take Mubadala's 25% stake in Austrian petchem firm / Move increases ownership in Borealis, Borouge

Plans for UAE petchem complex now include cracker, polyolefin plants

China to become a net exporter in two to three years / Borealis to not build plant in Belgium

LDPE plant out since Q2 to be back up by year-end – source