- OID: 332994
- Archive number: MEDIA114451
- Title: OMV Results 2020: Stronger together
- Caption: 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 and Borealis’ innovative chemicals processes allows us to develop new pathways together. OMV and Borealis deliver the high-value products that are essential for the energy transition, for healthcare, for people’s lives. We will jointly expand our know-how and activities in the plastic’s circular economy.
- Duration: 00:02:23.488
- Copyright: © OMV Aktiengesellschaft
- Usage restrictions: Internal & external use (no commercial use)
- Format: MPEG-4
- File size: 359,501 KB