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Restructuring initiatives announced for Borealis in Europe

16-Mar-2007

Borealis announced that it will reorganise its manufacturing operations in Bamble, Norway, within the framework of lean manufacturing. The aim is to further increase our European asset competitiveness and profitability of the plant. In addition, Borealis considers phasing out its research and ...

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Borealis and Piramidal enter strategic alliance

26-Feb-2007

Borealis and Piramidal Termoplásticos LTDA, distributor of thermoplastic resins and compounds, have entered a strategic alliance regarding the distribution of Borealis' Polypropylene compounds, further supporting customers by providing full after sales care. Located close to São Paulo city in ...

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Borealis invests EUR 90 million to further develop its polypropylene business

Borealis expands its polypropylene (PP) capacity at Porvoo in Finland

16-Jan-2007

Borealis will invest EUR 25 million to expand the capacity of its PP plant in Porvoo, Finland, by 65,000 tonnes per annum (tpa) to 220,000 tpa by the end of 2008. Borealis will also invest EUR 35 million to create a four-reactor configuration at its Borstar® PP plant in Schwechat, Austria, to ...

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Mark Garrett appointed CEO Designate at Borealis to succeed John Taylor at end of 2007

11-Jan-2007

Borealis announced the appointment of Mark Garrett as CEO Designate. He will assume the role of Chairman of the Executive Board and CEO when John Taylor turns 60 years old and retires at the end of 2007. Mark Garrett will join Borealis on April 1, 2007 to ensure a smooth transition into the ...

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Borealis Film and Fibre VP Harald Hammer appointed as CEO of Borouge Pte Ltd

09-Jan-2007

Borealis Film and Fibre Vice President Harald Hammer has been appointed Chief Executive Officer of Borouge Pte Ltd as of January 1, 2007, replacing Hubert Puchner. Puchner, who after five years of leading Borouge through a period of strong growth, will take up the post of Executive Vice President ...

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Borouge awards approximately USD 1.3 billion Borouge 2 Cracker Contract to Linde Engineering

30-Nov-2006

Borouge announced that it has awarded the contract to build its new ethylene cracker to Linde Engineering. The cracker shall have a capacity of approximately 1.5 million tonnes per annum and is considered to be the largest gas cracker in the world. The value of the contract is approximately USD ...

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Borealis invests EUR200 million in Borstar polypropylene plant in Central Europe

21-Nov-2006

Borealis reports that the 330,000-tonne-per-year (t/y) expansion of its polypropylene (PP) facilities in Burghausen, Germany, based on its proprietary Borstar technology, is progressing according to plan with start up scheduled before the end of 2007. Product silos are in place, and work on steel ...

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Borealis starts expansion of its Innovation Centre in Linz

Upper Austria to become a centre of international plastics research

14-Nov-2006

Borealis has begun expansion of its Innovation Centre located at the Chemiepark in Linz. This development project kicks off with the dismantling of an older building which will serve as the site of a newly planned facility. The project, which begun on November 6, 2006, reflects the company's ...

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Borealis Fast-Tracks Innovation with University of Leoben

25-Sep-2006

Borealis is strengthening its commitment to innovation with the development of new material testing methods and software systems in co-operation with the University of Leoben and the Polymer Competence Centre Leoben (PCCL) in Austria. As a result of the company's enhanced responsiveness towards ...

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CFO Clive Watson leaves Borealis

11-Aug-2006

Borealis announced that Clive Watson has decided to leave the Group to take on the role of Group Finance Director with Spectris plc, supplier of precision instrumentation and controls, based in Surrey, England. Clive Watson has been with Borealis for almost 5 years and during that time was ...

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