OMV and the European Climate, Infrastructure and Environment Executive Agency have signed a grant agreement for OMV’s planned industrial Reoil plant, securing up to 81.6 million euros funding.  (Source: Pixabay)
81.6 Million Euro Funding

OMV Secures EU Funding for Industrial Plant

OMV has secured a grant from the EU Innovation Fund for the first time for its planned industrial Reoil plant. The facility is expected to process up to 200,000 metric tons of used plastics and will make use of OMV’s proprietary Reoil chemical recycling technology to convert the recycled material into sustainable base chemicals.

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Although there are many more projects that have set new benchmarks within the industry but these five projects are attracting eyeballs from across the globe.  (Source: shahjalal - stock.adobe.com)
The Year in Rewind

5 Groundbreaking Green Projects of 2024

As the year comes to an end, PROCESS Worldwide brings to you five of the most revolutionary green projects of 2024. Innovative and unique, all the projects are expected to leave a lasting impression within the industry for many years to come. Find out everything about these groundbreaking projects here.

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