Borealis announces new European investments
Borealis announces two major investment projects in its European manufacturing plants in Stenungsund, Sweden and Porvoo, Finland. The first investment concerns a C4 project in Stenungsund which will upgrade the facility’s existing raffinate-1 and raffinate-2 streams to meet required product specifications for the delivery of n-butenes. The EUR 21 million investment is scheduled for completion by March 1, 2015, and is part of a broader commitment to support customers’ raw material demand for expanding production of olefin-based products.
![(c) Borealis](https://img.chemie.de/Portal/News/15431_ZOMhBzGdd.jpg?tr=n-xzoom)
Borealis cracker plant in Stenungsund, Sweden.
(c) Borealis
![(c) Borealis](https://img.chemie.de/Portal/News/15430_3gtZHEqWk.jpg?tr=n-xzoom)
Borealis plant in Porvoo, Finland: phenol and aromatics plant.
(c) Borealis
![(c) Borealis](https://img.chemie.de/Portal/News/15431_ZOMhBzGdd.jpg?tr=n-xl)
![(c) Borealis](https://img.chemie.de/Portal/News/15430_3gtZHEqWk.jpg?tr=n-xl)
In Porvoo, plans have been approved for the replacement of a 30 year old hot oil heater unit at the Phenol complex. The installation of the new heater, scheduled for 2015 at a cost of EUR 25 million, is a key element in improving efficiency and site integration. The new unit will reduce maintenance requirements and CO2 emissions whilst securing safe, continuous, reliable and cost-competitive operations.
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