'Considering the current market environment, OMV and ADNOC have agreed to strengthen the balance sheet of Borouge GroupInternational AG as a precautionary measure' ... .
) ADNOC and OMVAdvance Formation of Borouge GroupInternational AG ... ADNOC and OMV ... ADNOC and OMV are committed to maintaining investment grade credit ratings for Borouge Group International AG.
ADNOC and OMV Aktiengesellschaft on Thursday announced strong progress towards the formation of Borouge GroupInternational AG, including the signing of an Asset Usage Agreement for the Borouge 4 (B4) production complex.