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May 07,2026

OMV Invests €65M Innovation Hub for Green Hydrogen and CO₂ Technologies in Austria

OMV is investing €65 million ($70.5 million) in its Schwechat Innovation Hub in Austria to accelerate green hydrogen and CO₂ technologies. Construction is about 55% complete, with commissioning planned for the first half of 2027. The 8,120 m² facility will include labs, pilot plants, and 50 workstations to scale innovations from lab to industrial use.

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