The European Commission has cleared the Borealis sale of all assets of the petrochemical complex at Borealis Polímeros Lda. in Sines, Portugal to the Repsol YPF group based in Spain.
The completion of the transaction took place on November 30.
This divestment allows Borealis to concentrate on four major European hubs: Austria, Belgium, Finland and Scandinavia, thus strengthening competitiveness and sustaining future growth. Iberia remains an important market for Borealis and thus its Customer Service Centre in Barcelona is being maintained.
Incident at Borealis in Stenungsund, Sweden
On May 9, at 20.45 CEST a local fire occurred at the steam cracker at Borealis‘ production location in Stenungsund, Sweden. The emergency plan was immediately activated by the local crisis team. The fire brigade arrived on site promptly and took steps to contain the fire. Thanks to the quic ... more
Abu Dhabi National Oil Company (ADNOC), Adani Group, BASF SE and Borealis AG have signed a Memorandum of Understanding (MoU) to engage in a joint feasibility study to further evaluate a collaboration for the establishment of a chemical complex in Mundra, Gujarat, India.This is the next step ... more
Borealis announces its collaboration with Qpinch, a start-up that has developed a revolutionary technology to recover industrial waste heat, using an innovative chemical process. The start-up attracted intense industry attention after winning the 2015 “Emerging Technology” award in the annu ... 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
Borealis’ Value Creation through Innovation strategy sets it apart from other companies in the industry because it puts tremendous focus on the entire value chain. Borealis does not just make products, but rather has the ambition to look at the entire life cycle of how these products are pr ... 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
