Borouge, a leading UAE-based petrochemical company, has joined forces with Borealis, one of the world’s biggest polyolefin manufacturers, to launch two new sustainable polymer products for the automotive industry, in line with their sustainability drive.
Austria-based OMV, an international, integrated oil, gas and chemicals company, announced its intention to become a net-zero (Scope 1, 2 and 3) company by no later than 2050. In keeping with this strategic shift of business, OMV will reduce its oil and gas production by around 20% by 2030 and.