MOSCOW (MRC) -- OMV Petrom, the largest integrated energy company in South-Eastern Europe, invests approximately EUR 130 million in the next 3 years to build a new unit of aromatic products at Petrobrazi refinery, said the company.
The unit will function at modern BAT (Best Available Technology) operating standards with low environmental impact. The processing capacity of the new unit is about 1,500 tons/day of reformed gasoline.
Radu Caprau, member of the OMV Petrom Executive Board responsible for the Refining and Marketing activity: "The demand for gasoline continues to be robust in Southeastern Europe. In parallel with the development of our offer for alternative mobility products, we want to provide our customers with the products they need, at high environmental standards. Other significant investments will follow at Petrobrazi, both in the technological efficiency of the refinery as well as in the production of second-generation biofuels."
The process of replacing the existing aromatic products unit will be carried out between 2023 and 2025. The aromatic products unit currently functioning at Petrobrazi Refinery was put into production in 1961. This is the only facility within a Romanian refinery that can ensure gasoline at European standards.
The new unit of aromatic products will be put into operation in 2026. It will ensure continuity of production of gasoline with a volumetric benzene content of less than 1%, according to current European standards. At the same time, a larger amount of toluene will be possible to be obtained from the process of gasoline production. Toluene can be used to obtain commercial gasoline with improved octane number, but it can also be used as a solvent in the chemical industry to obtain paints, adhesives or in processes of obtaining leather products.
The Petrobrazi refinery has a total crude oil processing capacity of 4.5 million tons per year. Since 2005, OMV Petrom has invested over EUR 1.8 billion in the refinery, with a third of this investment contributing to reducing the environmental impact.
We remind, OMV, the integrated, international oil, gas and petrochemicals company headquartered in Vienna, Austria, will invest around EUR200 million (USD244 million) in biofuel production at the Schwechat Refinery in Austria.
OMV is currently investing in the Schwechat Refinery so it will be able to substitute large quantities of fossil diesel with biodiesel in an innovative co-processing approach.
OMV Petrom is the largest integrated energy company in South-Eastern Europe, with an annual Group hydrocarbon production of approximately 47 million boe in 2021. The Group has a refining capacity of 4.5 million tons annually and operates an 860 MW high-efficiency power plant. The Group is present on the oil products retail market in Romania and neighboring countries through approximately 790 filling stations under two brands – OMV and Petrom.