Borealis

Video for Day 1 Communication with Vienna Symphony Orchestra

6 part video series (social media clips) highlighting what petrochemicals can offer, using mobility as second topic

6 part video series (social media clips) highlighting what petrochemicals can offer, using clothing and synthetic fibres as 4th topic.

5-teilige Videoreihe (Social-Media-Clips), welche die Anwendungsbereiche der Petrochemie in Funkionsbekleidung aufzeigen.

OMV and Borealis employees present some highlights of 2020, which was marked by challenges due to significant unfavourable market effects triggered by the Covid 19 pandemic. Stronger together, 75% share in Borealis Circular economy, mechanical recycling, chemical recyling Innovation & Technoloy: ITC and Drilling Cockpit

By increasing OMV’s stake in Borealis to 75%, we are paving the way for a shared future. The strengths of both companies have come together. Highly motivated employees started a new journey, striving for the integrated and sustainable business model that will secure a lower carbon future. OMV’s expertise in processing raw materials combined with the innovative chemical processes of Borealis will result in new synergies. The corporate focus has shifted from burning fuel to refining valuable resources. We are significantly expanding our chemicals business and extending our value chain in the direction of polymers. The activities of OMV and Borealis are complimentary, in terms of both geography and technology. Our goals are the same: to safely deliver value to our stakeholders. The larger pool of leadership, technical competencies and available data allows us to find better solutions in all the challenges we face today and tomorrow. Combining OMV’s expertise in processing raw materials a

Plastics are a valuable resource that should be re-used and not thrown away. OMV and Borealis believe it is critical to take ownership of where plastics ultimately end up. This is why we are fully committed to advancing a circular economy for plastics as a means to mitigating climate change and environmental pollution. Borealis has committed to increasing the volume of its recycled plastic solutions to 350,000 metric tons by 2025 and aims to be a leading “plastic-neutral” producer of advanced and sustainable polyolefin solutions. Advanced mechanical recycling technology is a key part of this, with its lower energy footprint, availability and potential to further increase quality and yields. In order to support this transition, Borealis has launched the Borcycle™ technology brand, transforming polyolefin-based waste streams into value-adding, high performance and versatile solutions for demanding applications. Chemical recycling can offer a solution for plastic waste that is not suita

6-part video series (social media clips) highlighting what petrochemicals can offer. In this clip we feature the topic "Healthcare".

6-part video series (social media clips) highlighting what petrochemicals can offer. In this clip we feature the topic "Cables / no oil no internet".

6-part video series (social media clips) highlighting what petrochemicals can offer. In this clip we feature the topic "Circular economy".

Petrochemistry is at the core of many of the things that make up our lives today. Basic substances for the chemicals industry come from crude oil and natural gas. Processing crude, for example, gives you petroleum or kerosene as well as liquid gas and naphtha. The latter two form the basis for what is in effect an infinite array of applications. Find out the sheer range of products made with petrochemistry!

With the increase of OMV’s share in Borealis to 75%, OMV has begun its transformation from a traditional oil and gas company into a global gas, oil and chemicals group, which is active in over 120 countries on 5 continents. We have successfully extended our value chain that runs from the wellhead to the refinery through to high-quality plastics. With this, we are laying the foundation for OMV in a lower-carbon future. In order to reflect the structural changes of forward integration into the chemicals sector, OMV has adjusted its corporate structure. From now on, OMV’s reporting will be based on three strong pillars integrated along the value chain: Exploration & Production, Refining & Marketing, and Chemicals & Materials. In the first quarter of 2021, OMV achieved an exceptionally strong – despite the external circumstances – Clean CCS operating result of 870 million euros. This was 24% higher than in the same period last year following the successful diversification of the portfolio with the expansion of t

Circular economy, Bornewables, ReOil, Biofuels, Green hydrogren and CO2 recycling; These are some of the many solutions OMV & Borealis employees are working on for a better tomorrow.

OMV generated an exceptional Clean CCS operating result of 2 point 2 billion euros. This represents the highest half-year result that OMV has ever achieved. A strong contribution from Exploration and Production came in at 859 million euros as oil and gas prices recovered to almost pre-pandemic levels. The Refining and Marketing result decreased to 289 million euros following a lower contribution from both the fuels and the gas business. Higher customer frequency could not compensate for lower refining margins even though the easing of covid-related travel restrictions led to an improved Retail result. The successful extension of OMV’s value chain toward Chemicals & Materials can only be emphasized as it contributed half of the overall OMV result. The Clean Operating Result increased more than fivefold versus the previous-year period reaching 1 point 1 billion euros. The main reason behind this stark increase are the soaring polyolefin margins as well as higher demand in the Chemicals & Materials business.

Mixed plastics – plastic bags, packaging, etc. – can also be reused. This is done through chemical recycling. Chemical recycling is a process in which plastics are chemically broken down back into their molecules and raw materials. And because plastic is made from crude oil, it can be turned back into synthetic crude. This is exactly what OMV is doing in its innovative ReOil pilot plant at the Schwechat Refinery in Austria. Up to 100 liters of crude oil are produced from around 100 kilograms of plastic waste every hour.