Brief: ADNOC, OMV advance formation of Borouge Group International AG
March 19 (Reuters) - Abu Dhabi National Oil Co [RIC:RIC:ADNOC.UL]: UAE'S ADNOC AND OMV ADVANCE FORMATION OF BOROUGE GROUP INTERNATIONAL AG NEW AGREEMENT TO ALLOW BOROUGE PLC TO MARKET VOLUMES FROM BOROUGE 4, DELIVERING $400 MILLION CUMULATIVE NET PROFIT OVER THREE YEARS AND APPROXIMATELY 10% EARNINGS ANNUAL ACCRETION AFTER FULL RAMP UP Further company coverage: ADNOC.UL (Reporting by Enas Alashray and Yomna Ehab;) ((Enas.Alashray@thomsonreuters.com;))
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