Call it a significant stride towards a carbon-free future in Austria, also intended to create jobs in in the picturesque Alpine state of Europe
The planned 140 MW plant will be the largest in Austria, in South-Eastern Europe and among the five largest in Europe
OMV has entered into negotiations with employee representatives regarding the potential impact on its workforce in Austria
This transfer is aligned with ADNOC’s strategy to consolidate its international growth investments under XRG
Announces new investment in large 140 MW green hydrogen plant
His current term will therefore conclude as scheduled on August 31, 2026
OMV’s proprietary ReOil technology is expected to reduce CO2 emissions by up to 34% compared to plastic waste incineration
The transaction is subject to negotiations and agreement with ADNOC on the implementation agreements,
OMV receives funding from the EU Innovation Fund for the first time
Signed agreement foresees strategic combination of Borealis and Borouge under the newly created company Borouge Group International, set to become world’s fourth largest polyolefins company
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