OMV Planning $116 Million Turnaround at Austrian Refinery

Reuters, April 13, 2017

Austrian oil and gas group OMV has announced plans to spend 110 million euros ($116.7 million) for a planned turnaround at its Schwechat refinery this month. The turnaround (plant inspection) of the petrochemicals units of Schwechat refinery will start in mid-April and the facilities will shut down as planned. 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. In the course of the turnaround OMV is investing around EUR 110 mn in the Schwechat site. OMV is thereby making a key contribution to operational safety and with it the long-term security of the site.

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