Global Trade Alert
Global Trade Alert

Austria: OMV Downstream GmbH gets EUR 81.6 million grant from the EU's Innovation Fund

Announcement

27 Feb 2025

In February 2025, the European Commission provided a financial grant to OMV Downstream GmbH for the 'ReOil 25000 – Scaling Up Chemical Recycling of End-of-Life Plastics' project.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

27 Feb 2025

Revocation date:

No revocation date

Announced: 27 Feb 2025
Financial grant In force
On 27 February 2025, the European Commission approved a EUR 81.6 million (USD 85 million) financial grant for OMV Downstream GmbH. The grant was provided for the company’s involvement in the “ReOil 25...
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Harmful Trade Policy Measures

This Thread tracks harmful trade policy interventions affecting all products. Covering all types of interventions monitored by Global Trade Alert, it highlights how the yearly number of these measures has evolved over time.

Published: 04 Sep 2024

70935

interventions

194

jurisdictions