OMV
Partnership with Borealis extended in Austria / Synergies for “ReOil” chemical recycling plant
In an extension of a partnership that goes back to 1998, OMV (Vienna / Austria; www.omv.com) and Borealis (Vienna; www.borealisgroup.com) are exploring synergies for OMV’s “ReOil” recycling facility at the Schwechat refinery in Austria to advance the chemical recycling of post-consumer plastics waste.

The two companies share the site with the refinery supplying Borealis with petrochemical feedstock for its plastics production.

Already integrated into the refinery, OMV's ReOil pilot plant recycles plastics waste into synthetic crude, processing up to 100 kg/hr. The Austrian oil and gas group is planning one more scale-up step before reaching final industrial-scale output.

Thomas Van De Velde, Borealis senior VP hydrocarbons and energy, said the cooperation with OMV on recycling plastics waste was an "important and concrete step for our circular economy strategy."

In April, OMV announced it had teamed up with Austrian Airlines (Schwechat; www.austrian.com) to process passengers’ used disposable plastic cups in the ReOil plant – see Plasteurope.com of 08.04.2019.
15.05.2019 Plasteurope.com [242462-0]
Published on 15.05.2019
OMV / Borealis: Ausbau des chemischen Recyclings in SchwechatGerman version of this article...

© 2001-2019 Plasteurope.com  |  Imprint  |  Privacy

Plasteurope.com is a business information platform for the European plastics industry. It is part of KI Kunststoff Information and PIE Plastics Information Europe, one of the leading content providers for the European plastics industry. We offer daily updated business news and reports, in-depth market analysis, polymer prices and other services for the international plastics industry, including a suppliers guide, career opportunities, a trade name directory and videos.

News | Polymer Prices | Material Databases | Plastics Exchange | Suppliers Guide | Jobs | Trade Names | Videos | Associations & Institutions | Register | Advertising

PIE – Plastics Information Europe | KI – Kunststoff Information | KunststoffWeb | Plastics Material Exchange | Polyglobe | K-Profi
© 2001-2019 by Plasteurope.com, Bad Homburg
Date of print: 27.05.2019 13:03:39   (Ref: 504381409)
Text and images are subject to copyright and other laws for protection of intellectual property.
Any duplication or distribution in any media as a whole or in parts requires prior written approval by Plasteurope. URL: http://www.plasteurope.com/news/detail.asp