UAE’s ADNOC Sets Sights on Nova Chemicals in Strategic Acquisition

The Abu Dhabi National Oil Company (ADNOC) has set ambitious plans to expand its global footprint by pursuing a significant acquisition of Nova Chemicals, a major player in the North American plastics sector. This move is seen as a strategic alignment with ADNOC's broader goals of diversifying its business portfolio and tapping into new markets, especially in sustainable materials.

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