OMV

(IN BRIEF) Covestro has announced a change in leadership on its Supervisory Board following the completion of its strategic partnership with XRG. Dr. Rainer Seele was elected Chairman on 18 December 2025 and assumed the role on 20 December, succeeding … Read the full press release →

(IN BRIEF) Borealis is a key partner in Project ELECTRO, an EU-funded initiative developing electrified chemical recycling technologies to convert hard-to-recycle plastic waste into high-value olefins using renewable electricity. Drawing on its expertise in chemical recycling and polyolefins, Borealis leads … Read the full press release →

(IN BRIEF) OMV Petrom confirms that the Neptun Deep Black Sea gas development with Romgaz is progressing on schedule, with first gas expected in 2027 and investments estimated at up to EUR 4 billion. As development drilling continues, the company … Read the full press release →

(IN BRIEF) Borealis has renewed its 15-year partnership with the Emirates Foundation to enhance education, social integration, and sustainability across the UAE. Through a 2025 contribution of AED one million from the Borealis Social Fund, the collaboration will continue to … Read the full press release →

(IN BRIEF) Siemens has launched SICHARGE FLEX, its new distributed EV charging system capable of delivering from 480 kW up to 1.68 MW DC with fully dynamic power distribution and charging currents of up to 1,500 A. Designed for both … Read the full press release →

(IN BRIEF) Integra Plastics AD, a Borealis group company based in Bulgaria, will convert its production facility to produce recycled polypropylene by October 2025, supported by the integration of Borealis’ Borcycle™ M mechanical recycling technology. The upgrade will enable the … Read the full press release →

(IN BRIEF) Borealis is investing over EUR 100 million to expand its polypropylene compounding facilities in Schwechat, Austria, with a new line set to begin operations in the second half of 2026. The project will significantly increase supply of advanced … Read the full press release →

(IN BRIEF) Borealis has expanded its partnership with Tegral Materials to include Spain, Portugal, the UK, and Ireland starting September 1, 2025, strengthening distribution of its polyethylene and polypropylene solutions across Europe. Building on their earlier collaboration covering Belgium, the … Read the full press release →

(IN BRIEF) OMV will begin a seismic survey in the greater Graz area starting December 2025 to explore the deep geothermal potential of the East Styrian basin. Spanning approximately 900 kilometers and using environmentally friendly vibration methods, the campaign will … Read the full press release →

(IN BRIEF) Borealis has announced the appointment of four senior leaders in its commercial division, all reporting directly to EVP Craig Arnold. The new executives are Thomas Reutter as Senior Vice President of Polyolefins, Christopher McArdle as Vice President of … Read the full press release →

(IN BRIEF) Borealis is supporting Messe Düsseldorf’s K Fair 2025 by providing sustainable, reusable cups made from modified polypropylene and OMV’s ReOil® recycled feedstock. This initiative, aimed at reducing waste from single-use plastics, will be assessed through a pilot program … Read the full press release →

(IN BRIEF) OMV has launched Austria’s largest green hydrogen production plant at its Schwechat refinery, with an annual capacity of up to 1,500 metric tons. This EUR 25 million investment will significantly reduce CO2 emissions by up to 15,000 metric … Read the full press release →

(IN BRIEF) OMV has secured up to EUR 81.6 million from the EU Innovation Fund through a grant agreement signed by CINEA to develop its industrial ReOil® facility. This historic funding, the largest public grant OMV has ever received for … Read the full press release →

(IN BRIEF) Clean Rivers has partnered with Project STOP to help reduce plastic waste leakage and improve waste management in Indonesia through the Banyuwangi Hijau Phase 3 project. This partnership is part of a broader agreement between the UAE and … Read the full press release →

(IN BRIEF) Borealis has signed a distribution agreement with Tegral Materials, a member of the Vinmar Group, to expand its polyolefin solutions across Belgium, France, Germany, Luxembourg, and the Netherlands. The agreement will include Borealis’ full portfolio of polyethylene and … Read the full press release →

(IN BRIEF) Borealis has signed a long-term power purchase agreement with Aspiravi to secure 120 GWh of renewable energy annually from Belgian wind farms. This partnership will significantly reduce Borealis’ Scope 2 emissions and supports the company’s goal of sourcing … Read the full press release →