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| Name | Symbol | Market | Type |
|---|---|---|---|
| Omv Ag Bearer (PK) | USOTC:OMVKY | OTCMarkets | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.135 | 1.12% | 12.225 | 12.01 | 12.32 | 12.225 | 12.08 | 12.08 | 1,112 | 16:40:16 |
From May 2019 to May 2024
by Antonia Di Lorenzo
OMV SA (OMV.VI) said Monday that it will invest 64 million euros ($72.1 million) in the construction of an ISO C4 unit at the Burghausen refinery in Germany.
The Austrian oil-and-gas company said the unit will use a new technology developed in collaboration with the German chemical company BASF SE (BAS.XE) for direct production of high-purity isobutene.
The construction of the unit, which will have a capacity of roughly 60,000 metric tons a year, will start in the summer and operations should begin in September 2020, the company said.
Write to Antonia Di Lorenzo at antonia.dilorenzo@wsj.com
(END) Dow Jones Newswires
July 15, 2019 05:29 ET (09:29 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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