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Adnoc and OMV tapped a new executive board for Borouge Group International, with Emirati Industry and Advanced Technology Minister Sultan Al Jaber (LinkedIn) named as chairman of the firm’s supervisory board, according to a press release. The global polyolefins powerhouse was formed through the merger of the Abu Dhabi state oil giant’s Borouge and the Austrian oil and gas player’s Borealis, and Canada-based Nova Chemicals.
The new hires: Roger Kearns (LinkedIn) — currently serving as president and CEO of Nova — will take the wheel as CEO of the firm. Kearns brings over 40 years of experience in the chemicals sector. Borealis CEO Stefan Doboczky will be chief commercial officer, and Borouge’s Hasan Karam (LinkedIn) will join as chief operating officer. Borealis’ Daniel Turnheim (LinkedIn) will serve as interim CFO until someone is tapped for the position by May.
IN CONTEXT- Aswe reported yesterday, Adnoc closed the merger of its plastic unit Borouge with OMV’s Borealis. The wider merger is set to be finalized at the end of the month.
