By further developing our business model, we intend to establish a sustainable portfolio of energy and chemicals that also includes recycling. The major shareholding in Borealis provides a foundation for this evolution. And with this we are ushering in a transformation: From a traditional oil and gas company, OMV will become a global gas, oil and chemicals group, one whose significantly expanded value chain extends from the wellhead to the refinery to high-quality plastics and includes recycling. With this, OMV is laying the ground for a lower-carbon future.
Value chain & Processes
OMV has begun its transformation from a traditional oil and gas company into a global gas, oil and chemicals group. The value chain extends from the wellhead to the refinery through to high-quality plastics. With this, we are laying the ground for a lower-carbon future.
- Expand the value chain across the entire lifecycle of plastic products (OMV and Borealis combine chemical and mechanical recycling potential) and evolve into a leader in recycling
- Grow, add value, and promote sustainability
- Safeguard the company strategically and increase its earnings power
- OMV and Borealis are active in over 120 countries on 5 continents
Find out more about petrochemicals
What we do with it makes the difference. That’s why OMV refines crude to a material for high end products, which will remain in demand in a decarbonized world.
Transition to a circular economy
Together, OMV and Borealis will proactively expedite the transition from a linear to a circular economy. With this, we want to be a technological force, leading the way in overcoming one of the greatest challenges of our time: making a lower-carbon future a reality.