Licensing

We share the value of our technologies through licensing. This approach not only advances global sustainability, but also generates new revenue streams that fuel on ongoing innovation efforts to develop technologies that truly make a difference.
ReOil® is OMV’s proprietary chemical recycling technology that converts end-of-life plastics into circular feedstock for the production of chemicals, in particular new plastics.
We operate ReOil® at our Schwechat refinery in Vienna, ever advancing the technology in order to bring circular feedstock to the market.
In cooperation with Wood, a global leader in consulting and engineering solutions for energy and materials, we are also licensing ReOil® technology internationally to fully unlock its global industrialization potential.
We offer flexible partnership models to enable refiners and polymer producers to integrate ReOil® technology into their own facilities, while benefiting from full lifecycle support.
Learn more about our collaboration with Wood here:
OMV and Wood sign collaboration agreement for commercial licensing of OMV´s ReOil® technology