OMV

YEAR-ENDER: PLASTICS RECYCLING MARKET Europe's reclaim sector faces its toughest year yet / Cheap virgin plastics squeeze recyclates / Strain continues	18.12.2025
ADNOC No plans to scale back Covestro's European operations / Talks of 'Arab BASF' dismissed	17.12.2025
BOREALIS / BOROUGE Low-cost mechanically recycled polyolefin compounds aim to boost global acceptance of recyclates	12.12.2025
BOREALIS Better margins for PE, olefins / Polypropylene being pressured by imports	30.10.2025
OMV Large-scale pyrolysis plant in Austria now not expected to be built until 2030	29.10.2025
OIL & GAS ConocoPhillips set to lay off more than 3,000 staff – reports / Other sector giants embarking on cost-cutting drive	12.09.2025
BOREALIS Operating result plummets 73% in first half / Growth in turnover, sales volume / Feedstock costs, inventory effects weigh on parent OMV earnings	15.08.2025
INTERVIEW “The recyclate gap remains real” / Frank Kurrat and Andreas van de Locht from Interzero explain why packaging manufacturers and brand owners are finding it so difficult to prepare for PPWR	08.07.2025
BOROUGE EUR 460 mn logistics partnership with Adnoc to boost UAE petrochemical exports	17.06.2025
TOMRA Katrin Fricke appointed head of Recycling division / Sorting technology specialist moves towards raw material production	16.06.2025
BOREALIS Good year despite tense market environment / Sales of OMV subsidiary increase by 10% in 2024	13.06.2025
K 2025 Reusable cups to be used at trade event / Materials developed by Borealis using OMV's chemically recycled feedstock	04.06.2025
ADNOC Former OMV CEO Rainer Seele to head chemicals business	04.06.2025
OMV Start-up of Austria's largest green hydrogen plant at Schwechat / Feedstock for sustainable fuels and chemicals	07.05.2025
OMV Polyolefin sales volumes up 11.7% in Q1 2025 / Indicator margins for PE, propylene rise / PP indicator margin down	11.04.2025
OPERATION CLEAN SWEEP Borealis, Vynova, and BASF win OCS Europe certification for all sites / Austrian company a pioneer of the standard	28.03.2025
CHEMICAL RECYCLING Brussels signs latest funding deal / Austria's OMV to receive EUR 82 mn grant	20.03.2025
POLYMER PRICES North America February: Unrest on US polymer market due to Trump's threat of import tariffs / Prices vary but predominantly stable	11.03.2025
BOROUGE INTERNATIONAL Adnoc and OMV create USD 60 bn chemical giant / Borealis and Borouge to be combined / Nova Chemicals acquisition confirmed	04.03.2025
NOVA CHEMICALS Plans to include Canadian PE producer in Borealis-Borouge merger deal	21.02.2025
UN PLASTICS TREATY No consensus after Busan talks / Petchem industry accused of ‘unsupportive' behaviour / Rising endorsement of production caps / Further session planned	04.12.2024
COVESTRO Adnoc submits takeover bid; German giant valued at EUR 11.7 bn / “Financially strong and long-term oriented partner” – CEO Steilemann	01.10.2024
CHEMICAL RECYCLING Pyrolysis oil as potential alternative to naphtha in crackers / Numerous plants ready to get started / Possible approach above all for Europe, Asia / Change could further impair cost base	05.08.2024
BOREALIS Feasibility study for major polyolefin site in China	29.07.2024
DOMO CHEMICALS “Significant strides” toward sustainability goals / ISCC Plus certification for three sites	03.07.2024