Tuesday 22 July 2014

Borealis-First Energy JV buys key stake in Bulgarian firm

Bahrain-based First Energy Bank and Borealis, the second largest producer of polyethylene and polypropylene in Europe have jointly bought 20.3 per cent stake in Neochim AD, Bulgaria's leading producer and distributor of fertilisers.


Abu Dhabi's Borealis eyes chemical acquisitions

Borealis, a joint venture between Abu Dhabi's International Petroleum Investment Company (IPIC) and Austria's OMV is eyeing mergers and acquisitions in the base chemicals sector in the as part of its expansion strategy, its chief executive


AMB unit wins Borogue sub-contractor award

AMB-Hertel has won the best sub-contractor for 2009 award from Borouge, a joint venture between Abu Dhabi National Oil Company (Adnoc) and Borealis, Europe’s leading producer of polyolefin, for its work on the world class Borouge-2 project.


IPIC, Borealis in Uzbek plant deal

International Petroleum Investment Company (IPIC) of Abu Dhabi and Vienna-based Borealis have signed a Memorandum of Understanding on a major fertiliser complex in Uzbekistan. The two companies have signed the MoU with Uzbekistan's State J


IPIC, Borealis to develop UAE chemicals complex

Abu Dhabi government-owned IPIC has signed a memorandum of understanding with Austrian subsidiary Borealis to develop a chemicals complex in the UAE. The multi-billion dollar project to build a "chemicals industrial city" will be located i


Borealis, Borouge for K 2007

Borealis and Borouge, leading providers of innovative, value creating plastic solutions, will showcase new developments at K 2007. Customers from the entire value chain are invited to their high profile stand, C58 in Hall 6 at the Düsseldo

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