Value Chain

In Chemicals & Materials (C&M), OMV is one of the world’s leading providers of advanced and circular polyolefin solutions, with total polyolefin sales of 5.7 t in 2022 (2021: 5.9 mn t). It is also a European market leader in base chemicals, fertilizers1 On June 2, 2022, Borealis received a binding offer from AGROFERT, a.s. for the acquisition of its nitrogen business including fertilizer, melamine, and technical nitrogen products., and plastics recycling. The Company supplies services and products to customers worldwide through OMV and Borealis, and its two joint ventures Borouge (with ADNOC, based in the and Singapore) and Baystar™ (with TotalEnergies, based in the ).

In Refining & Marketing (R&M), OMV operates three refineries in Europe: Schwechat (Austria) and Burghausen (Germany), both of which feature integrated petrochemical production, and the Petrobrazi refinery (Romania). In addition, OMV holds a 15% share in ADNOC Refining and ADNOC Global Trading in the UAE. OMV’s total global processing capacity amounts to around 500 kbbl/d. Fuels and other sales volumes in Europe were 15.5 mn t in 2022 (2021: 16.3 mn t), and the retail network consists of around 1,800 filling stations.

In the Gas & Power Eastern Europe business, OMV Petrom operates a gas-fired power plant in Romania and is engaged in gas and power sales. In 2022, natural gas sales amounted to 36.2  (2021: 39.6 TWh) and net electrical output was 5.0 TWh (2021: 4.8 TWh).

In Exploration & Production (E&P), OMV explores, develops, and produces oil and gas in its four core regions of Central and Eastern Europe, the Middle East and Africa, the North Sea, and Asia-Pacific. Daily production was 392 kboe/d2 Production figure includes 17 kboe/d in Russia; OMV no longer considers Russia a core region as of March 2022. Furthermore, Russian volumes are no longer included in total production, due to a change in the consolidation method. in 2022 (2021: 486 kboe/d), with a roughly equal share of natural gas and liquids production. In the Gas Marketing Western Europe business, OMV markets and trades natural gas with sales volumes amounting to 111.2 TWh in 2022 (2021: 156.8 TWh). Furthermore, OMV operates natural gas storage facilities with a capacity of 30  and holds a 65% stake in the Central European Gas Hub ().

To drive sustainable growth and innovation, starting January 1, 2023, OMV reorganized its corporate structure into three business segments: Chemicals & Materials, Fuels & Feedstock, and Energy. Chemicals & Materials continues to cover the entire chemicals value chain, including responsibility for capturing value from the circular economy. Fuels & Feedstock combines the previously separate Executive Board areas of Refining and Marketing & Trading. The Energy segment includes the traditional Exploration & Production business, as well as the entire gas business and the new Low Carbon Business, which focuses on geothermal energy and Carbon Capture and Storage (). As part of the introduction of the new corporate structure, Gas & Power Eastern Europe, which includes Supply, Marketing, and Trading of gas in Romania and Turkey and one gas-fired power plant in Romania, was transferred from Fuels & Feedstock to the Energy business segment.

1 On June 2, 2022, Borealis received a binding offer from AGROFERT, a.s. for the acquisition of its nitrogen business including fertilizer, melamine, and technical nitrogen products.

2 Production figure includes 17 kboe/d in Russia; OMV no longer considers Russia a core region as of March 2022. Furthermore, Russian volumes are no longer included in total production, due to a change in the consolidation method.

Our value chain

Swipe and click on the selected area below to find out more about the OMV value chain.

Click on the selected area below to find out more about the OMV value chain.

Chemical Recycling

OMV is currently constructing a demo plant based on its proprietary ReOil® technology which will turn plastic waste, not fit for mechanical recycling, into valuable resources. In addition, Borealis has a controlling stake in Renasci, a Belgian provider of innovative recycling solutions.

Refining

OMV operates three refineries in Europe and holds a 15% share in ADNOC Refining in the UAE, where it processes sustainable and fossil-based feedstocks into a wide range of refined products.

Base Chemicals

Base chemicals are produced at five major sites in Europe and at the joint ventures of Borealis, Borouge and Baystar. Most of the base chemicals are processed internally into polyolefins.

Mechanical Recycling

Borealis runs four mechanical recycling plants in Austria and Germany, where plastic waste is processed into high quality recyclate.

Polymers

Through Borealis, OMV is one of the largest polyolefin (polyethylene and polypropylene) producers in Europe and among the top ten producers globally, serving customers in more than 120 countries.

Industries

Consumer Products

Industries

Energy

Industries

Healthcare

Industries

Infrastructure

Industries

Mobility

Industries

Through Borealis, OMV provides innovative and value creating plastics solutions to five end-use industries:

Fuels & Others

OMV sells its refined products via several retail filling station brands and also serves a large base of commercial customers.

Crude Oil & NGL

Crude oil and NGL are marketed on global markets, while Austrian and Romanian production is predominantely supplied to OMV’s refineries.

Natural Gas

OMV markets natural gas, from equity production and third-party supply, in several European countries.

Electricity

OMV Petrom is a licensed power supplier in Romania and offers solutions for the electricity supply to end customers.

Gas Fired Power Plant

In Romania, OMV Petrom produces electricity in a gas-fired combined-cycle power plant.

Natural Gas Storage

OMV runs natural gas storage facilities, which are well connected to the pipeline grid and in the vicinity of important urban areas of consumption.

Supply & Trading

OMV markets and trades crude oil, natural gas, and refined products on global markets, with a focus on securing supply and generating value.

Hydrocarbon Production

OMV explores, develops, and produces hydrocarbons (crude oil, natural gas and NGL).

Renewable Energy

OMV is utilizing renewable energy, such as photovoltaic, primarily for powering its own operations, and plans to build up a renewable energy portfolio with a strong focus on geothermal energy.

Circular Resources

OMV aims to further increase its use of circular resources such as bio-feedstocks, for example waste and residue streams, as well as cultivated algea, plastic waste, and green hydrogen. Furthermore, OMV is also actively looking into synthetic fuels and feedstocks based on CO2.

  • Circular Resources and Products
  • Crude Oil and Hydrocarbon Products
  • Natural Gas
  • Electricity

mn
million
UAE
United Arab Emirates
US
United States
TWh
terawatt hour
TWh
terawatt hour
CEGH
Central European Gas Hub
CCS
Carbon Capture and Storage