IHS Chemical Week

Regions :: Western Europe :: Austria

OMV Announces Refinery Divestment Program

7:53 AM MDT | September 23, 2011 | Ian Young

Oil and gas company OMV (Vienna) has announced plans to divest refining and marketing assets worth up to €1 billion by 2014 under a strategy to refocus the company on upstream exploration and production. The company says it intends to keep refineries that are integrated with petrochemical production but it declined to comment on specific assets. It also has no plans to divest its 36% stake in petrochemicals and plastics manufacturer Borealis. OMV intends to evaluate possible divestments over the next six months. OMV plans to increase the yield of...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

Not an IHS Chemical Week
24/7 member yet?

Here's why you should be:

  • Searchable online archive access of the last 2 years of Chemical Week.
  • Print or digital magazine subscription
  • Price and market change alerts
  • Economic data and statistics
  • Buyers' Guides
  • Webcasts | whitepapers




contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa