XRG and OMV Complete Transactions to Create Borouge International

XRG and OMV Complete Transactions to Create Borouge International, Boosting Global Chemicals Leadership.

Key takeaways:

Borouge International as a top-tier global leader in polyolefins combines geographic diversification, premium products, feedstock advantage and leading technology

• Superior, resilient margin profile and well over USD 500 million per year in identified EBITDA synergies, 75% of which are expected to be generated within the first three years
• Robust capital structure backed by strong credit ratings to deliver resilience throughout the business cycle and long-term shareholder returns
• Seasoned leadership team combining deep industry expertise with a proven track record of strategic execution
• Transactions completion marks a key milestone for XRG and OMV in their long-standing partnership as equal shareholders of the new company
• Company to operate under the brand name Borouge International, with “Essential materials, advancing the world” as its brand proposition, underscoring its ambition to accelerate innovative solutions in end markets from energy, mobility and AI infrastructure to sustainable packaging and healthcare
  
  Read the full article