KARACHI: Dubai-based Mubadala Energy has signed a memorandum of understanding (MoU) with OMV Downstream GmbH (OMV) and Pak-Arab Refinery Ltd (Parco) to explore the possibility of pursuing projects in circular economy initiatives, including plastics production and recycling, sustainable fuels and feedstock as well as the development of synthetic oil and chemical products.

Published in Dawn, January 25th, 2023