Polyolefin Sales Volume Growth
Polyolefin sales volumes, including joint ventures, grew by 10% year-on-year.
Cash Flow Increase
Cash flow from operating activities reached almost EUR 1.4 billion, an increase of more than 30% compared with the previous quarter.
Strategic Partnership with ADNOC
OMV and ADNOC signed a binding agreement to combine Borealis and Borouge, creating the fourth largest polyolefin player globally and expected EBITDA of over USD 7 billion.
Neptun Deep Project Progress
Drilling operations commenced at the Neptun Deep project, with first gas estimated for 2027, adding around 70,000 barrels per day to the portfolio.
Green Hydrogen Plant Start-up
Started the green hydrogen plant in Schwechat with an annual capacity of up to 10 megawatts.