Keyword: OMV

News

OMV and Wood Collaborate to License Chemical Recycling Technology

05.10.2023 -

Austrian oil, gas and chemicals group OMV is collaborating with British engineering and consulting group Wood for the worldwide commercial licensing of OMV’s proprietary...

News

OMV and Abu Dhabi Plan to Merge Polyolefins Businesses

17.07.2023 -

Austrian energy group OMV has decided to pursue negotiations with Abu Dhabi National Oil Co (ADNOC) to merge their polyolefin businesses. News agency Bloomberg had...

News

Lanxess Warns on Earnings as Buyout Talk Circles Covestro

22.06.2023 -

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...

News

ADNOC to Take a 24.9% Stake in OMV

06.01.2023 -

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...

News

OMV Petrom Plans New Aromatics Plant

17.10.2022 -

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...

News

Race for DSM Engineering Plastics Heats up

10.05.2022 -

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...

News

OMV Shifts Focus to Sustainable Fuels, Chemicals and Materials

23.03.2022 -

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...

Strategy & Management

Digitalization and Automation of Procurement Processes

10.11.2021 -

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...