Austria (92)

AUSTRIA

OMV to invest in new butadiene capacity in Germany and Austria
OMV (Vienna) has earmarked €230 million ($301.6 million) to build a new butadiene plant at its Burghausen, Germany, refinery site and upgrade the company’s existing butadiene plant at Schwechat, Austria. “We are investing in these facilities...

Borealis's first-quarter profit down, Borouge's contribution shrinks due to turnaround
Garrett:North American expansion will help push restructuring in Europe.  Borealis today reported a major drop in first-quarter net profit to €61 million ($78.5 million) from €140 million in the year-earlier quarter citing lower sales and...

Lenzing reports earnings fall, confirms full-year guidance
Lenzing Group (Lenzing, Austria) has reported consolidated sales of €496.5 million ($653.6 million) for the first quarter of 2013, a decline of 6% from the €528 million posted in the year-ago quarter. This change includes, however, a shift of about...

OMV earmarks €230 million for new butadiene capacity in Germany and Austria
OMV (Vienna) has earmarked €230 million ($301.6 million) to build a new butadiene plant at the petrochemical complex that forms part of the company's Burghausen, Germany, refinery site, and upgrade the company's existing butadiene plant at its Schwechat...

Lenzing sells majority stake in Lenzing Plastics
Lenzing (Lenzing, Austria) says it has agreed to sell an 85% stake in Lenzing Plastics (Lenzing) to an Austrian consortium led by Invest AG, the investment company of the Raiffeisen Banking Group Upper Austria (Linz). The valuation is close to eight...

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