Its role Offtaker
OMV Downstream GmbH is a key subsidiary within the OMV Group, an integrated oil, gas and chemicals company based in Austria. The entity manages the group's downstream activities, encompassing refining operations, petrochemical production, and the marketing and distribution of fuels, lubricants and other hydrocarbon products across European markets.
It operates several refineries and associated infrastructure, with a focus on Central and Eastern Europe. The company produces conventional and sustainable fuels, including sustainable aviation fuel (SAF) and hydrotreated vegetable oil (HVO), and has secured long-term offtake agreements for output from projects such as the Petrobrazi SAF/HVO unit in Romania.
OMV Downstream GmbH forms part of the broader OMV Group structure, which includes upstream exploration and production as well as retail networks. The parent company OMV Aktiengesellschaft maintains majority ownership by the Republic of Austria alongside institutional investors, positioning the downstream arm as a significant player in Europe's refining and low-carbon fuels sector.
The company emphasizes integration with existing refinery assets, feedstock flexibility and compliance with European sustainability regulations while supplying industrial and aviation customers.
chemXplore tracks 1 project involving OMV Downstream, of which one is active.
1 more active project is in the record. See all 1 in chemXplore →
Half of €11bn capex deployed; Neptun Deep first gas H1 2027; renewables, storage, SAF/HVO unit and expanded EV charging to 2030.
EUR 560m unit to produce 250,000 t/yr SAF and renewable diesel from vegetable fats and used cooking oils; commissioning targeted for 2028.
Second 35 MW electrolyzer fully delivered, lifting Petrobrazi’s green H2 capacity to 55 MW to supply refining and a 250,000 t/y SAF/HVO unit.
The new unit will produce SAF and HVO, cutting CO₂ emissions by 65%. A €750M investment includes green hydrogen facilities, supporting energy transition and sustainable mobility.
Investing EUR 750 million, a new plant will produce 250 kt/year of sustainable fuels by 2028, including SAF, HVO, and green hydrogen, reducing CO2 emissions by at least 70%.
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