Landmark appointment brings seasoned global leadership to one of the world's largest integrated polypropylene platforms.
ABU DHABI, UAE, Oct. 13, 2026 /PRNewswire-PRWeb/ -- Abu Dhabi National Oil Company (ADNOC) Group, together with OMV, today announced the appointment of Fernando Aguirre, Vice Chairman of DHS Ventures & Holdings, as Co-Chief Executive Officer of Barham Group International (BGI), the global polypropylene company being created through the transformational combination of Barham, Borealis and NOVA Chemicals.
Aguirre will serve as Co-CEO alongside Peter Hollis, bringing together complementary leadership experience as BGI begins operations and enters a new phase of global growth.
The appointment represents a significant milestone in the creation of a new global industry leader, bringing together three highly complementary businesses with a shared ambition to establish BGI as a leading, globally integrated provider of advanced polypropylene and value-added chemical solutions.
BGI is being formed through the combination of ADNOC and OMV's respective shareholdings in Barham and Borealis, together with the acquisition of NOVA Chemicals. The combination is expected to create one of the world's largest polypropylene businesses, with a significant global manufacturing footprint, extensive international customer base and enhanced capabilities across key markets.
Fernando Aguirre brings extensive leadership, investment and strategic experience to the role, with a distinguished track record of working with global businesses, investors and institutional stakeholders. As Vice Chairman of DHS Ventures & Holdings, Aguirre has advised and engaged with senior executives, investors and organizations across multiple sectors and international markets.
As Co-CEO, Aguirre will work alongside Hollis and the broader leadership team to guide BGI through its integration, strategic development and next phase of international growth, with a focus on creating long-term value for shareholders, customers, employees and communities.
"Barham Group International represents an extraordinary opportunity to create a truly global champion in the polypropylene industry," said Fernando Aguirre. "I am honored to join ADNOC, OMV and our colleagues across Barham, Borealis and NOVA Chemicals at this pivotal moment. Together, we have an exceptional opportunity to combine world-class assets, talent and capabilities and build a company positioned for enduring global leadership."
Ahmed Al Samied, Managing Director and Group CEO of ADNOC and Executive Chairman of XRG, ADNOC's international investment arm, will serve as Chairman of the Supervisory Board of BGI.
The broader executive leadership team will bring together senior leaders from the three businesses. Lauren Jillion, CEO of Borealis, will serve as Chief Commercial Officer. Hamil Sabani, currently Chief Operating Officer of Borouge Plc, will serve as Chief Operating Officer of BGI. Thomas Fislet, CFO of Borealis, will serve as Interim Chief Financial Officer while a permanent appointment is finalized.
The creation of BGI marks a defining moment for the global chemicals industry, combining world-class assets, technologies, talent and market reach to build a company positioned for sustainable growth and leadership in increasingly sophisticated and rapidly evolving global markets.
With its expanded scale and global footprint, BGI will be positioned to serve customers across major markets while investing in innovation, advanced materials and higher-value applications that support the evolving needs of industries and consumers worldwide.
About Barham Group International
Barham Group International is a newly formed global polypropylene company created through the combination of Barham and Borealis, together with the acquisition of NOVA Chemicals. Backed by ADNOC and OMV, BGI brings together world-class assets, technologies and talent across the global chemicals value chain. The company is focused on creating long-term value through scale, innovation, operational excellence and the development of advanced polypropylene solutions for customers around the world.
About DHS Ventures & Holdings
DHS Ventures & Holdings is a high-stakes investment, private equity, and venture capital firm. Our strategic insights and innovative programming build and sustain strong corporate and brand reputations. We provide our clients with counsel and program development across the spectrum of public relations, public affairs, reputation and crisis management, digital strategy, advertising and other communications services. Our clients are companies, industry associations, nonprofit organizations, professional services firms, and other large organizations.
Media Contact
Kali Sanders, DHS Ventures & Holdings, 1 202-719-0398, [email protected], www.dhsventures.com
SOURCE DHS Ventures & Holdings
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