OMV officially inaugurated its flagship ReOil® and electrolyser facilities at the Schwechat refinery near Vienna.
The proprietary ReOil chemical recycling plant converts hard-to-recycle plastics into virgin-quality products, driving circularity and reducing environmental impact.
The new 10 MW electrolyser facility has a production capacity of up to 1,500 tons of green hydrogen annually and is the biggest of its kind in Austria.
Alfred Stern, chairman of the executive board and CEO of OMV, said: “This inauguration marks a decisive step in our Strategy 2030. It is driven by one clear ambition: to become an integrated sustainable chemicals, fuels and energy company, while remaining steadfast in our commitment to achieving net-zero emissions by 2050.
“Such systemic change requires collaboration across the entire value chain, which is why I am delighted to commemorate this milestone with all those who contribute and share our vision to shaping a more sustainable future.”
Stern added: “As customer needs continue to evolve, our two transformative technologies empower us to meet both current and future demands.”
Furthermore, OMV has made the final decision to invest a mid-three-digit million-euro sum in a new flagship green hydrogen plant in Bruck an der Leitha, Lower Austria.
There, OMV plans to build a 140 MW electrolysis facility, subject to and under the assumption of a positive outcome of the European and Austrian Hydrogen Bank auction. With an annual production capacity of up to 23,000 tons of green hydrogen, the new plant will be one of the largest of its kind in Europe.
Martijn van Koten, OMV executive vice-president fuels and feedstock and chemicals, added: “With this project, we are re-inventing the production of everyday essential fuels and chemical products – a ground-breaking step that demonstrates how industrial innovation and sustainability can go hand in hand.”
With an expected start-up at the end of 2027, the new facility will produce green hydrogen using renewable energy from wind, solar and hydro power.
OMV announces new investment in large 140 MW green hydrogen plant
