UAE Chemicals Firm Borouge Seeks to Raise $2 Billion From IPO – Bloomberg

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The Borouge 3 petrochemical plant in Al Ruwais, United Arab Emirates.

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The United Arab Emirates’ biggest oil company and Borealis AG are seeking to raise $2 billion from an initial public offering of their chemicals joint venture in Abu Dhabi, set to be the biggest ever listing in the emirate.


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