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Full operation from 2023: 200 million euros will be invested in the refinery in Schwechat
OMV boss Rainer Seele.
In the Schwechat refinery, OMV intends to gradually invest almost EUR 200 million in the production of biofuels from vegetable oils and liquid waste such as used cooking oil by 2023. In the future, up to 160,000 tons of liquid biomass will be converted into CO2-neutral fuels there, announced the OMV today (Tuesday).
OMV wants to have at least 60 percent natural gas and CO2-free products in its entire product portfolio by 2025. OMV assumes that its demand for hydrogenated biofuels will increase tenfold by 2030.
