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ABU DHABI / WAM
Abu Dhabi National Oil Company (Adnoc) and Borealis AG (Borealis) are considering a potential initial public offering (IPO) of a minority stake in their joint venture business Borouge.
Headquartered in Abu Dhabi, Borouge is a leading provider of innovative, value creating plastics solutions.
Adnoc and Borealis will provide further material updates as and when appropriate.