OMV to invest around EUR110 mn in Schwechat refinery for turnaround work

Vienna-based international, integrated oil and gas company OMV is investing around EUR110 million in the petrochemicals units of its Schwechat refinery site as part of the turnaround (plant inspection) that will begin mid-April.

The facilities will shut down as planned, and there will be a comprehensive, routine safety inspection, carried out in cooperation with TÜV Österreich. This turnaround is mandatory and is held once every six years.

The 2017 turnaround will take place in parallel with the turnaround at the neighboring Borealis plant. Schwechat Refinery supplies the monomers for Borealis’ plastics manufacturing. The coordinated inspections at Borealis and OMV are required for the efficient production planning of both parties in light of the integration of their operations.

The turnaround will not only involve maintenance work and safety inspections, but will also see a range of projects implemented in various operation areas.

Through its investment in the turnaround, OMV is thereby making a key contribution to operational safety and with it the long-term security of the site.