ADNOC’s $60B petrochemicals power play reshapes global industry
In his exclusive column for Energy Connects, Robin M. Mills, CEO of Qamar Energy, analyses how ADNOC, in partnership with OMV, has consolidated its petrochemicals business by merging Borealis and Borouge and acquiring Nova Chemicals for $9.4 billion, creating a $60 billion global polyolefins giant amid shifting Gulf and European industry dynamics.