Affiliate of Abu Dhabi oil company to list on stock exchange

Borouge is ADNOC’s joint venture with Austrian petrochemical firm Borealis AG.
ADNOC headquarters (Abu Dhabi National Oil Company) office complex (C).
A general view taken on May 29, 2019, shows the seafront promenade in the Emirati capital, Abu Dhabi, with the ADNOC headquarters (Abu Dhabi National Oil Company) office complex (C) in the foreground. - KARIM SAHIB/AFP via Getty Images
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Adam Lucente
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The Abu Dhabi National Oil Company (ADNOC) announced today that one of its affiliates will soon list on the Abu Dhabi stock exchange. 

Borouge is ADNOC’s joint venture with the Austrian petrochemical firm Borealis AG. ADNOC and Borealis will float 10% of Borouge on the Abu Dhabi Securities Exchange, ADNOC said in a tweet. 

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