(IN BRIEF) OMV and XRG have finalized the creation of Borouge International, a new global polyolefins leader formed through the merger of Borouge Plc and Borealis and the acquisition of NOVA Chemicals. Headquartered in Austria with global operations, the company … Read the full press release
Posted in Artificial Intelligence (AI), Austria, Business, Chemicals, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, Technology
Tagged ADNOC, advanced materials, AI Infrastructure, Alfred Stern, Austria, Borealis, Borouge International, Borouge Plc, chemicals industry, Daniel Turnheim, EBITDA synergies, energy sector, feedstock advantage, Global Expansion, global manufacturing, Hasan Karam, INNOVATION, investment grade ratings, mobility, NOVA Chemicals, OMV, polyolefins, Roger Kearns, Shareholder Value, Stefan Doboczky, Sultan Al Jaber, Sustainable packaging, UAE, XRG
(IN BRIEF) Covestro, Fertiglobe, and TA’ZIZ have signed a Memorandum of Understanding to explore collaboration across the ammonia and nitric acid value chains, with a particular focus on securing access to low-carbon and green ammonia for Covestro’s global production sites. … Read the full press release
Posted in Business, Chemicals, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, Technology
Tagged Abu Dhabi, ADNOC, ADQ, Ahmed El-Hoshy, ammonia supply, and TA’ZIZ Launch Joint Assessment of Global Ammonia Value Chain Opportunities, carbon capture, chemical infrastructure, Covestro, Covestro Strengthens Access to Sustainable Ammonia Through New Partnership with Fertiglobe and TA’ZIZ, Fertiglobe, Friedrich Merz, green ammonia, hydrogen economy, industrial decarbonisation, low-carbon ammonia, Markus Steilemann, Mashal Saoud Al Kindi, MDI, nitric acid value chain, polyurethane, PVC complex, renewable energy, TA'ZIZ, TA’ZIZ Industrial Chemicals Zone, TDI, UAE, XRG
(IN BRIEF) Eni and its partners have successfully launched the hull of the Coral North FLNG facility, marking a key step forward in the development of Mozambique’s offshore natural gas resources. The project, located in the Rovuma Basin offshore Cabo … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Investment, Italy, Transportation & Logistics
Tagged Africa LNG, Cabo Delgado, CNPC, Coral North FLNG, Coral South, energy infrastructure, ENH, Eni, Eni Marks Key Step in Mozambique LNG Growth with Coral North FLNG Hull Launch in South Korea, Estevão Pale, FLNG, floating LNG, global energy market, Guido Brusco, Kogas, LNG Production, Mozambique LNG, natural gas development, offshore natural gas, Rovuma Basin, sustainable energy investment, XRG
(IN BRIEF) Covestro has announced a change in leadership on its Supervisory Board following the completion of its strategic partnership with XRG. Dr. Rainer Seele was elected Chairman on 18 December 2025 and assumed the role on 20 December, succeeding … Read the full press release
Posted in Business, Chemicals, Environment, Germany, Industrial, Investment, Management
Tagged chemicals industry, circular economy, corporate governance, Covestro, Dr Rainer Seele, Dr. Richard Pott, Germany, leadership transition, Leadership transition at Covestro as Dr. Richard Pott steps down from Supervisory Board, Markus Steilemann, OMV AG, strategic partnership, Supervisory Board, sustainability, Wintershall, XRG
(IN BRIEF) At the third meeting of the UAE-France High-Level Business Council in Paris, strategic partnerships were formed to enhance collaboration in energy, renewable energy, infrastructure, and artificial intelligence. The event, co-chaired by H.E. Dr. Sultan Al Jaber and Patrick … Read the full press release
Posted in Artificial Intelligence (AI), Business, Economy, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, Media, News, Technology
Tagged Abu Dhabi Ports, AI, AI campus, artificial intelligence, bilateral trade, clean energy, CMA CGM, economic growth, ENERGY, France, H.E. Dr. Sultan Al Jaber, H.E. Eric Lombard, H.E. Laurent Saint-Martin, investment, Masdar, MGX, partnership, Pascal, Patrick Pouyanné, renewable energy, sustainability, sustainable development, TotalEnergies, UAE, UAE trade, UAE-France High-Level Business Council, UAE-France partnership, Veolia, XRG
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