IHS Chemical Week

Regions :: Middle East

IPIC to Consolidate Nova and Borealis?

4:45 AM MDT | April 18, 2011 | Lindsey Bewley

International Petroleum Investment Co. (IPIC; Abu Dhabi) may be looking to consolidate Nova Chemicals and Borealis, as IPIC focuses on building up the petrochemicals industry in Abu Dhabi. IPIC owns a 64% stake in Borealis, and it bought Nova Chemicals in 2009.   The Abu Dhabi government is planning to invest about $20 billion in petrochemicals via the ChemaWEyaat joint venture, in which IPIC holds a 40% stake.   Khadem Al Qubaisi, managing director of IPIC, told The National, a local newspaper, that the company plans to consolidate Nova and Borealis...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

Not an IHS Chemical Week
24/7 member yet?

Here's why you should be:

  • Searchable online archive access of the last 2 years of Chemical Week.
  • Print or digital magazine subscription
  • Price and market change alerts
  • Economic data and statistics
  • Buyers' Guides
  • Webcasts | whitepapers




contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa