Two former spinoffs from Bayer were competing for headlines on Jun. 19 and 20, as specialty chemicals company Lanxess issued a profit warning amid rumors that Middle East...
In a deal announced shortly before Christmas that only attracted significant attention in the new year, Abu Dhabi National Oil Company (ADNOC) said it is acquiring a 24.9...
Romanian oil group OMV Petrom is investing €130 million to add an aromatics plant at its Petrobrazi refinery. The new unit, to be installed over the next three years...
The race to take over DSM’s engineering plastics business is heating up. After Lanxess in cooperation with private equity group Advent International was identified as a...
Austrian oil, gas and chemicals group OMV has outlined its Strategy 2030, which will see it transform into a sustainable fuels, chemicals, and materials company with a...
OMV is a global oil, gas and chemicals group that develops innovative solutions for a circular economy. With consolidated sales of €16.6 billion and a workforce of around...
The EU Commission’s ambitious plan for a European Green Deal, launched shortly before the pandemic struck in early 2020, aims to make the continent the world’s first...
Austrian energy and chemicals company OMV has announced plans to invest about €30 million in a pilot plant that will produce propanol from glycerin. Construction is...
