Exciting new business models tend to arise in pursuit of a circular economy. For its transformation to succeed, OMV needs reliable partners by its side: We have teamed up with a leading recycling company to build an innovative sorting plant for used ...
What is a good investment? While companies and their success can be assessed by economic factors, the so-called ESG ratings offer a broader perspective. Laura Engshuber-Wohnhaas, ESG expert at OMV, tells us why OMV regularly scores well in these ...
It is a sticky, viscous, jet-black mass. Most of the time we only come into contact with it in passing, when it smokes, steams and smells – especially now in summer with all the roadworks underway.
What if we could mitigate the effects of global warming by trapping greenhouse gases at their source and putting them deep underground so they never get into the atmosphere? Well, it turns out we can. The technology is called Carbon Capture and ...
It wasn’t too long ago that the question we were asking was “What needs to come first – the electric vehicle or the charging infrastructure?” At the latest since the boom between 2019 and 2021, in which sales of electric vehicles tripled annually, ...
Innovation expert Andreas Leitner on innovation at OMV.
Packaging fulfills many different tasks: It protects products, provides information, needs to be practical for transport, has to appeal to consumers – and, in an ideal world, is easy to recycle.
OMV has set itself ambitious targets: The company plans to become climate-neutral by 2050. Achieving this will require us to rethink technologies and develop innovative methods. The fact that we are making rapid progress in these areas is thanks to ...
It’s common knowledge that the power output of a wind turbine goes up and down. But did you know that there are offshore wind turbines that literally move up and down? Hywind Tampen in Norway is the world's largest floating offshore wind farm and the ...
What do you do when suddenly nothing runs as usual? When the crude oil distillation unit at the Schwechat refinery breaks down in June and the supply to OMV customers and partners is in danger of being interrupted, a plan is worked out immediately. ...
What does a crude oil distillation column look like from the inside? After this summer, Karl Graf knows – and he knows it in painstaking detail. He headed up the team that repaired one of Europe’s largest columns in record time after an incident: 20 ...
Public disclosure of inside information according to Art 17 MAR
Supply of up to 12 LNG cargo ships per year beginning in 2029 OMV announced today the signing of a long-term sale and purchase agreement (SPA) with US-based company Cheniere Energy, Inc. covering the supply of up to 850,000 tons per annum ...
Borealis announces the signing of an agreement to acquire a 100 % stake in Integra Plastics AD, an advanced mechanical recycling player based in Bulgaria The investment will strengthen Borealis’ advanced mechanical recycling portfolio, ...
OMV Petrom takes an important step to ensure access to a reliable source of raw materials to produce biofuels OMV Petrom Strategy 2030: Biofuels will account for more than 15% of the group’s production OMV Petrom, the ...
Investment of around EUR 20 million allocated for deep geothermal projects Climate-neutral district heating from geothermal energy for up to 200,000 households Deep geothermal plants with output of up to 200 megawatts planned OMV and ...
Borealis closes deal to acquire Rialti S.p.A., an Italian polypropylene (PP) compounder of recyclates The acquisition will enhance Borealis’ portfolio of PP compounds based on mechanical recyclates by 50,000 tons per year, strengthening ...
Construction and operation of innovative, fully automatic, sorting plant with capacity of up to 260,000 tonnes per year in Walldürn, Germany Processing mixed plastics into feedstock for OMV’s chemical recycling OMV investment volume ...
Group Report January–September and Q3 2023 including condensed consolidated interim financial statements as of September 30, 2023 OMV, the integrated energy, fuels & feedstock and chemicals & materials company headquartered in ...
In today’s meeting, the Supervisory Board of OMV AG has reappointed Reinhard Florey (57) as Chief Financial Officer. His term of office has thereby been extended to June 30, 2025, with an option for further extension until June 30, 2027 with ...
Memorandum of Understanding (MoU) signed last year enables Ryanair to purchase up to 160,000 metric t of SAF from OMV by 2030 OMV and Ryanair have pledged to actively contribute to reduce CO2 emissions of the aviation ...
This trading update provides provisional basic information on the economic environment as well as OMV’s key performance indicators for the quarter ended September 30, 2023. The Q3/23 results will be published on October 31, 2023. ...