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OMV Invests In 2nd-Generation Biofuel Production


OMV Invests In 2nd-Generation Biofuel Production
OMV, the integrated, international oil, gas and chemicals company headquartered in Vienna, plans to build a pilot plant at its Schwechat Refinery which will produce second-generation biofuels from 2023 using a patented process developed inhouse. The plant involves advanced biofuels that are not in competition with foodstuffs. A typical refining process will see the waste-based substance glycerin turned into bio-alcohol, which when added to gasoline reduces its CO2 footprint.
“After more than five years of research, we are now investing in a ‘Glycerin2Propanol’ pilot plant and thereby contribute to the further development of advanced biofuels. The new plant will be part of the existing value chain in the Schwechat Refinery and is an additional building block in OMV’s sustainable business model”, said Thomas Gangl, OMV Chief Downstream Operations Officer. ....

Thomas Gangl , Austrian Research Promotion Agency , European Union Red Ii Renewable Energy Directive , Schwechat Refinery , Downstream Operations , European Union , Renewable Energy Directive , தாமஸ் காண்ல் , ஐரோப்பிய தொழிற்சங்கம் சிவப்பு ீ புதுப்பிக்கத்தக்க ஆற்றல் உத்தரவு , கீழ்நிலை செயல்பாடுகள் , ஐரோப்பிய தொழிற்சங்கம் , புதுப்பிக்கத்தக்க ஆற்றல் உத்தரவு ,

21st Austria weekly - Vienna Airport, OMV (04/03/2021)


07.03.2021
Vienna Airport (Flughafen Wien): Covid-19 pandemic negatively impacted Flughafen Wien AG’s business results in 2020. Revenue decreased by 61.1% to Euro 333.7 mn, EBITDA by 85.9 % to Euro 54.1 mn. The Flughafen Wien Group plans to be profitable again in 2021. Sufficient liquidity has been secured to cope with all predictable crisis scenarios. From today’s perspective, the Flughafen Wien Group expects revenue of Euro 430 mn, a positive EBITDA of Euro 150 mn and a slightly positive consolidated net profit of Euro 4 mn in the 2021 financial year. “The airport operating company Flughafen Wien AG registered a painful decline in revenue and earnings and recorded the first loss-making year in the company’s history with earnings at minus € 75.7 million. Up until now, short time work has enabled us to avoid layoffs. Due to the fact that the coronavirus crisis will continue to accompany us for a while, it is absolutely necessary to extend short time work until the ....

Seit Februar , Das Unternehmen , Thomas Gangl , Flughafen Wien Group , Flughafen Wien , Management Board , Schwechat Refinery , Downstream Operations , Corum Asset Management , Corum Origin , Corum Eco , Investoren Anteile , Besuchen Sie , Pic1 Vienna , Covid 19 , Ag Amp Rsquo S , Amp Ldquo The , தாமஸ் காண்ல் , ப்லுகபேன் வீந் குழு , ப்லுகபேன் வீந் , மேலாண்மை பலகை , கீழ்நிலை செயல்பாடுகள் , கோரம் சொத்து மேலாண்மை , கோரம் ஆரிஜிந் , கோரம் சூழல் ,

21st Austria weekly - Vienna Airport, OMV (04/03/2021)

21st Austria weekly - Vienna Airport, OMV (04/03/2021)
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Thomas Gangl , Flughafen Wien Group , Flughafen Wien , Management Board , Schwechat Refinery , Downstream Operations , Besuchen Sie , தாமஸ் காண்ல் , ப்லுகபேன் வீந் குழு , ப்லுகபேன் வீந் , மேலாண்மை பலகை , கீழ்நிலை செயல்பாடுகள் ,