Tags : Nicholas Stuart

Industrial IPOs United Arab Emirates

Borouge completes its initial listing on Abu Dhabi Securities Exchange

Borouge, the strategic joint venture between Abu Dhabi National Oil Company (“ADNOC”) and Borealis (“Borealis”), providers of innovative and differentiated polyolefin solutions, has listed on the Abu Dhabi Securities Exchange (“ADX”) on June 3, 2022.  Upon listing, ADNOC owns a majority 54% stake in Borouge, with Borealis holding 36% via its wholly-owned subsidiary Borealis Middle […]