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By Giulia Petroni OMV AG said Thursday that it plans to invest around 30 million euros to build a pilot plant that produces second-generation biofuels at its Schwechat Refinery in Austria.... | March 9, 2021
by Ron Kotrba (Bio-based Diesel Daily) Multinational oil, gas and petrochemical company based in Vienna, Austria, is investing 200 million euros at its Schwechat refinery southeast of Vienna to co-process up to 160,000 metric tons of vegetable oils—including used cooking oil and “advanced feedstocks”—into renewable diesel. The investment in the Schwechat site will reduce the carbon intensity of the company’s product portfolio by at least 6 percent compared to 2010, according to OMV. The hydrogenated vegetable oil (HVO) is expected to reduce OMV’s carbon footprint by up to 360,00...
20.12.2020 OMV: OMV, the integrated, international oil, gas and petrochemicals company headquartered in Vienna, currently investing in the Schwechat Refinery so it will be able to substitute large quantities of fossil diesel with biodiesel in an innovative co-processing approach. With this process, the hydrogenated vegetable oil should lead to an annual reduction in OMV’s carbon footprint of up to 360,000 metric tons of fossil CO2. This is equivalent to the annual emissions of around 200,000 cars driving an average of 12,000 km per year. The product meets the highest quality standards and c...
OMV invests €200M in biofuel production New production at Schwechat Refinery will convert up to 160,000 metric tons of liquid biomass into carbon-neutral fuels. Last update: December 18, 2020 Austrian oil company OMV will invest around €200 million in the Schwechat Refinery to substitute large quantities of fossil diesel with biodiesel in an innovative co-processing approach. With this process, the hydrogenated vegetable oil should lead to an annual reduction in OMV’s carbon footprint of up to 360,000 metric tons of fossil CO2. This is equivalent to the annual emissions of around 2...
OMV invests around EUR 200 mn in biofuel production at Schwechat Refinery édité le 16/12/2020 - Plus de news de "OMV" - Voir la fiche entreprise de "OMV" OMV, the integrated, international oil, gas and petrochemicals company headquartered in Vienna, is committed to the Paris Agreement and EU climate targets and has set itself ambitious climate goals. OMV has pledged to reach net-zero emissions in operations (Scope 1 and 2) by 2050 or sooner. On its long-term path to net zero, OMV has set concrete interim targets: By 2025, at least 60% of the product portfolio should consist of natural gas a...