Friday, September 12, 2008

OMV and Borealis invest significantly in expansion of Burghausen site

o OMV and Borealis invest EUR 840 mn in the expansion of their petrochemical production capacities
o Increase of ethylene production to 450,000 t per year; increase of propylene production to 560,0000 t; increase of polypropylene production to 570,000 t
o New plants successfully on stream with the implementation of the innovative Borstar® and metathesis technologies
o Expansion of polypropylene capacities to address growing demand for advanced packaging products and medical applications
o Inauguration Ceremony on September 10, 2008 under the patronage of Emilia Müller, State Minister of Bavaria for Economy, Infrastructure, Transportation and Technology

In November 2006 OMV Aktiengesellschaft first announced their EUR 1.

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