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OMV NEWSROOM (22 press releases)

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Vienna Stock Exchange in 2023: Resilience Amid Economic Challenges and Record Bond Listings

PRESS RELEASE -- 30, December 2023

(IN BRIEF) The Vienna Stock Exchange faced a challenging year in 2023, marked by high interest rates, persistent inflation, and geopolitical tensions that impacted European stock markets. Despite these unfavorable conditions affecting trading activity, the exchange achieved a record year … Read the full press release

Craig Arnold Appointed to Borealis Executive Board as EVP for Polyolefins, Circular Economy, and Innovation & Technology

PRESS RELEASE -- 8, December 2023

(IN BRIEF) Borealis has announced the appointment of Craig Arnold, currently serving as Chief Commercial Officer at Ferroglobe PLC, as the new Executive Vice President (EVP) for Polyolefins, Circular Economy Solutions, and Innovation & Technology, effective from February 1, 2024. … Read the full press release

UAE Social and Educational Partnerships: Borealis Renews Support with AED 3 Million Funding

PRESS RELEASE -- 27, November 2023

(IN BRIEF) Borealis has renewed its partnership with three prominent social and educational organizations in the UAE through the Borealis Social Fund. They will distribute AED 3 million among the Emirates Foundation, UAE Paralympic Committee, and Emirates National Schools to … Read the full press release

Borealis Successfully Completes Acquisition of Rialti to Strengthen Recyclate-Based Polypropylene Compounding Business

PRESS RELEASE -- 3, November 2023

(IN BRIEF) Borealis, a leading provider of innovative solutions in the plastics industry, has announced the successful completion of its acquisition of Rialti S.p.A., a prominent European polypropylene (PP) compounder specializing in sustainable PP compounds made from mechanically recycled feedstock. … Read the full press release

Borealis Partners with Alpiq for Long-Term Renewable Energy Supply from Finnish Wind Farm

PRESS RELEASE -- 25, October 2023

(IN BRIEF) Borealis, a leading provider of sustainable polyolefin solutions and base chemicals, has forged a long-term Power Purchase Agreement (PPA) with Alpiq, a Swiss energy services provider and European electricity producer. Under this agreement, starting from early 2024, Alpiq … Read the full press release

Borealis Awards Scientific Innovators and Recognizes In-House Talent at Innovation Day

PRESS RELEASE -- 24, October 2023

(IN BRIEF) During the Borealis Innovation Day held in Linz, Austria, on October 17, 2023, the Borealis Innovation and Technology team announced the recipients of the Borealis Scientific Innovation Award (BSIA) and the InnoTech Recognitions. The BSIA aims to identify … Read the full press release

Borealis and TotalEnergies Expand Petrochemical Venture with New Baystar Polyethylene Unit

PRESS RELEASE -- 4, October 2023

(IN BRIEF) Borealis and TotalEnergies are celebrating the successful start-up of their joint venture, Baystar’s new Borstar® polyethylene (PE) unit in Pasadena, Texas. Representing a significant investment of USD 1.4 billion, this state-of-the-art unit, referred to as Bay 3, doubles … Read the full press release

Equinor and OMV Extend Gas Contract to Enhance European Supply Chain

PRESS RELEASE -- 27, September 2023

(IN BRIEF) Equinor has entered into a new five-year gas sales agreement with OMV, Austria’s major energy company. Starting from October 1, this year, the deal involves an annual gas volume of 12 TWh, with delivery to OMV’s European portfolio … Read the full press release

Project STOP Jembrana Successfully Hands Over Waste Management Program, Achieving Circular Economy Goals in Bali

PRESS RELEASE -- 5, August 2023

(IN BRIEF) Project STOP Jembrana, funded by the Alliance to End Plastic Waste, has successfully implemented a waste management system in Bali, Indonesia, offering waste collection services to over 124,800 people and collecting more than 12,959 tonnes of waste, including … Read the full press release

Borealis Expands Innovation Award to Include Scientists and Start-ups Driving Circular Transformation

PRESS RELEASE -- 14, July 2023

(IN BRIEF) Borealis has launched the Borealis Scientific Innovation Award (BSIA) to accelerate the circular transformation and promote sustainable progress. The award aims to recognize innovative ideas from academia, start-ups, scale-ups, engineers, and chemical engineers. Submissions are open until September … Read the full press release

Borealis Completes Sale of Nitrogen Business to AGROFERT, Expanding European Fertilizer Production

PRESS RELEASE -- 6, July 2023

(IN BRIEF) Borealis has successfully completed the sale of its nitrogen business to AGROFERT, a Czech-based group active in various industries including chemicals and agriculture. The transaction, valued at EUR 810 million, allows AGROFERT to expand its European presence in … Read the full press release

PFNonwovens Group et Borealis établissent une nouvelle norme industrielle pour la fabrication durable de produits d’hygiène personnelle

PRESS RELEASE -- 18, April 2023

(ACTUALITÉ EN BREF) Le groupe PFNonwovens s’est associé à Borealis pour améliorer sa production de matériaux non tissés pour les produits d’hygiène personnelle dans le but de parvenir à un modèle commercial circulaire. L’utilisation de polymères certifiés renouvelables ™ de … Read the full press release

PFNonwovens Group and Borealis set new industry standard for sustainable personal hygiene product manufacturing

PRESS RELEASE -- 18, April 2023

(IN BRIEF) PFNonwovens Group has partnered with Borealis to enhance its production of nonwoven materials for personal hygiene products with the aim of achieving a circular business model. The use of certified renewable™ polymers from Borealis will help manufacturers combine … Read the full press release

Ecopost e Borealis agiscono contro i rifiuti di plastica e il degrado ambientale in Kenya

PRESS RELEASE -- 29, March 2023

(NOTIZIA IN BREVE) Ecopost, un’azienda keniota che ricicla i rifiuti di plastica per creare alternative ecologiche per recinzioni, segnaletica e materiali da costruzione, ha collaborato con Borealis per aumentare il riciclaggio dei rifiuti in Kenya e promuovere un’economia circolare. Borealis … Read the full press release

Ecopost and Borealis Take Action Against Plastic Waste and Environmental Degradation in Kenya

PRESS RELEASE -- 29, March 2023

(IN BRIEF) Ecopost, a Kenyan company that recycles plastic waste to create eco-friendly alternatives for fencing, signage, and building materials, has partnered with Borealis to boost waste recycling in Kenya and promote a circular economy. Borealis will fund Ecopost’s activities, … Read the full press release