Keyword: OMV

News

OMV Invests in Green Hydrogen Plant

19.02.2021 -

OMV and Kommunalkredit Austria – a bank specializing in infrastructure and energy financing – are investing in the construction of Austria’s largest electrolysis plant to...

News

Thomas Gangl to Become New CEO of Borealis on April 1, 2021

05.02.2021 -

Alfred Stern will move to majority shareholder OMV as Executive Board member for Chemicals & Materials

News

OMV Hikes Burghausen Olefins Output

26.01.2021 -

Austrian multinational energy and petrochemicals group OMV is expanding and modernizing the cracker and associated units at its Burghausen refinery in Germany. The...

News

Borealis and Partners in Austrian CO2 Project

03.07.2020 -

Borealis, OMV, electricity group Verbund and cement company Lafarge Zementwerke have signed a Memorandum of Understanding to plan and construct a full-scale carbon...

News

OMV Plans Divestments to Fund Borealis Buy

16.03.2020 - OMV will implement a divestment program, synergies and active cash flow management to support its purchase of a 39% stake in leading polymers producer Borealis from Mubadala...

News

OMV Boosts Share in Borealis

12.03.2020 - Austrian oil and gas group OMV has agreed to buy an additional 39% share in Borealis from Abu Dhabi wealth fund Mubadala for $4.68 billion. The transaction will boost OMV’s...

Markets & Companies

Chemical Recycling: Racing to Close the Loop

22.11.2019 - In Europe, chemical recycling, also known as feedstock recycling, is the “buzz” phrase of the moment, thanks especially to the EU’s Circular Economy plans that passed all instances...

News

Mubadala, OMV and Chandra Asri in Petchems Pact

30.07.2019 - Abu Dhabi wealth fund Mubadala Investment and Austrian oil and gas group OMV have signed a Memorandum of Understanding (MoU) with Chandra Asri Petrochemical (CAP) to explore...