12-16-2009: After investing EUR 50 million in the expansion of the international Innovation Headquarters in Linz, Borealis plans an additional investment of EUR 75 million in Upper Austria, setting the next milestone in the development of the plastics region. The actual implementation is subject to authority permissions and proceedings.
With an investment of EUR 75 million Borealis builds a semi-commercial catalyst plant to develop and scale up new catalysts for the production of new polymers. The new catalyst plant will support research in the areas of catalyst development and to further improve processes for catalyst production. The investment in a semi-commercial plant for catalysts in Linz allows Borealis to undertake the necessary development work as well as producing semi-commercial batches for the first phase in the development process. This requires a close alignment with the new, recently started-up Borstar® pilot plant in Schwechat (investment EUR 30 million). The catalysts will be used world-wide.
“In Linz we will do the implementation and development of new catalyst types and develop the required techniques and processes,” says Alfred Stern, Borealis Senior Vice President for Innovation & Technology. “Research for catalyst technology is done in our innovation centre in Porvoo, Finland. Catalysts are needed to build molecular chains during the production of polyethylene and polypropylene and have a significant impact on the features of the final product.”
While Borealis invests in the expansion of its activities in Linz, Johannes Kepler University (JKU) is founding a centre for catalyst and process research.
“Linz is a solid building ground for future looking investments. This is also shown in the professional and close co-operation with JKU which is quickly responding to the requirements and the developments of the plastics industry,” says Gerhard Roiss.
Borealis, has announced the winners of its 2011 Borealis Student Innovation Awards. On January 19, 2012 Alfred Stern, Borealis Senior Vice President Innovation & Technology, presented Rana Qudaih and Dr. Said Mehdiabadi with their awards, certificates and monetary prizes at the Lentos Kunst ... more
Borealis announced that it will increase all polyethylene and polypropylene prices by EUR 100/tonne for January, 2012.
“This decision to increase prices reflects our assumptions on the economic development and it's necessary for the implementation of our Value Creation through Innovation st ... more
Borealis has made a firm offer to GPN to acquire PEC-Rhin in its entirety. This is related to GPN, which owns a 50% interest in PEC-Rhin, having exercised its pre-emption right for the remaining 50% stake from BASF SE.
Following this firm offer, the relevant employee representatives are bei ... more
With more than 40 years of experience in polyolefins and using our unique Borstar® technology, we focus on providing plastic materials to the infrastructure, automotive and advanced packaging markets across Europe, the Middle East and Asia. Our production facilities, innovation centres and ... more
With more than 50 years of experience in polyolefins and using our unique Borstar® technology, we focus on providing plastic materials to the infrastructure, automotive and advanced packaging markets across Europe, the Middle East and Asia.
Our production facilities, innovation centres an ... more