OMV investing in biofuel production at Schwechat refinery
Advertisement OMV has said it is investing around €200 million in biofuel production at the Schwechat refinery in Austria. The investment in the Schwechat site for processing biofuels contributes to the company's goal of reducing the carbon intensity of its product portfolio (Scope 3 emissions) by at least 6% vs 2010. OMV is currently investing in the Schwechat refinery so it will be able to substitute large quantities of fossil diesel with biodiesel in a co-processing approach. With this process, the hydrogenated vegetable oil should lead to an annual reduction in OMV’s carbon footprint ...
Source: hydrocarbonengineering.com