DATE : 2014-05-15
OMV has started up a butadiene (BD) plant expansion at its refining and petrochemicals hub in Schwechat near Vienna, the Austrian energy and petrochemicals major said on Thursday.
The 30% expansion raised the capacity of OMV’s BD plant at Schwechat to 60,000 tonnes/year. The company invested almost €30m in the project, it said.
"With the extended plant we are building on the synergies of the Schwechat refinery with regards to petrochemicals," said Manfred Leitner, OMV executive board member with responsibility for refining and marketing.
Global change in the refinery sector meant that petrochemical derivatives play an increasingly important role internationally, alongside traditional oil products such as diesel, heating oil and fuels, he added.
Parallel to the expansion at Schwechat, OMV is building a new BD facility at Burghausen, Germany, which is expected to start up in the second quarter of 2015. The projects were announced in May 2013.
SOURCE Icis News