Founded in 1956, OMV's Schwechat refinery has been in operation for close to 70 years. The facility is one of the three major refineries run by OMV globally and supports close to 50% of mineral oil and petrochemical demands in Austria. The refinery incorporates a stacked design licensed by Honeywell and produces roughly 8% olefins for a bbl of oil. In 2011, a projected rise in propylene demand in Austria drove OMV to begin a propylene maximization project, calling out its contractors and service providers to build novel solutions to increase olefin yield.
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