APPEC: Recycled feedstock to fuel up to 60% of global plastics in 30 years – OMV

S&P Global Platts | Sep 15, 2020 at 11:45 AM
  • Recycling will play an important role in Austrian integrated oil and gas company OMV’s strategy.
  • Plastic waste is reprocessed into synthetic crude oil at the OMV ReOil plant.
  • The company is the co-founder of the project, Stopping the Tap on Ocean Plastics, or STOP, where it aims to create a sustainable waste management system to reduce ocean plastic, and has two recycling plants in Austria and Germany.