Austrian multinational energy and petrochemicals group OMV is expanding and modernizing the cracker and associated units at its Burghausen refinery in Germany. The...
Borealis, OMV, electricity group Verbund and cement company Lafarge Zementwerke have signed a Memorandum of Understanding to plan and construct a full-scale carbon...
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...
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...
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...
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...
22.07.2019
- Austrian oil and gas group OMV has announced its intention to invest €64 million in an isobutene plant at its Burghausen refinery in Germany. The facility will use a new technology...
