Austrian refiner OMV said that it has "successfully started up" the new pyrolysis chemical recycling plant at its Schwechat, Austria site.
The plant uses OMV's pyrolysis technology, known as ReOil, and has capacity to process 16,000t/yr of plastic waste. ReOil is a chemical recycling technology that converts end-of-life plastics into pyrolysis oil feedstock for the production of chemicals and new plastics.
OMV announced in August 2024 that it had finished building the plant and would begin work on a "gradual start-up".
The plant is integrated with the petrochemical site at Schwechat, operated by OMV's petrochemicals arm Borealis.
OMV said on 12 March that it had received €81.6mn of EU funding for a new, larger ReOil plant, in which it is deciding whether to invest.
