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Neste Jacobs to Deliver the 3G Renewal Process of Borealis PE2 Plant in Porvoo, Finland

20-Nov-2013

Neste Jacobs and Borealis have signed an agreement for Neste Jacobs to deliver the EPCM part of the renewal process of Borealis Borstar PE2 plant in Porvoo, Finland. With the renewal project the technology of the plant will be upgraded to third generation Borstar® technology and the usage ...

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Borealis’ second quarter profits lower than in 2012

19-Aug-2013

Borealis recorded a net profit of EUR 83 million for the second quarter of 2013 compared to EUR 112 million in the same quarter in 2012. Net profit for the first half of 2013 reached EUR 144 million compared to EUR 252 million during the same period of the year 2012. The improvement in net profit ...

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Borealis to invest EUR 65 million in Porvoo Borstar PE plant

26-Jun-2013

Borealis has announced a major upgrading project at its production site in Porvoo, Finland. An investment of EUR 65 million will serve to upgrade the Borstar PE2 plant technology to the third generation (3G), thereby extending the Borstar PE platform. This investment follows on the heels of one ...

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Borealis inaugurates catalyst plant at Linz location

05-Jun-2013

Borealis inaugurated a new catalyst plant at their Linz location. The company has invested EUR 100 million in the construction of this facility which will produce chemical substances – so-called catalysts – utilising the proprietary Borealis Sirius catalyst technology. Catalysts enable a precise ...

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Borealis appoints Gilles Rochas as new Vice President

28-May-2013

Borealis announces the appointment of Gilles Rochas as Vice President Application Segment Energy & Infrastructure as of July 1, 2013. Gilles Rochas replaces Marc Hubert, who is leaving Borealis to pursue other career opportunities. With over 20 years experience in the polymer industry, Gilles ...

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Borealis continues to deliver strong results in 2012 despite a volatile market environment

27-Feb-2013

Borealis announced a net profit of EUR 100 million in the fourth quarter of 2012, compared to EUR 58 million in the same quarter of 2011. The company recorded a net profit of EUR 480 million in 2012, compared to EUR 507 million in 2011. The reduction in 2012 was largely driven by a weaker margin ...

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Borealis announces new European investments

01-Feb-2013

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 ...

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Borealis increases polyethylene and polypropylene prices

03-Jan-2013

Borealis announces that it will increase all polyolefin prices for January 2013. Polyethylene prices will increase by EUR 100/tonne while prices for polypropylene will increase by EUR 75/tonne. “The decision to increase prices is based on the development in the market over the last couple of ...

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Borealis’ third quarter results improve in a continuously challenging market

19-Nov-2012

Borealis, a provider of chemical and innovative plastics solutions, recorded a net profit of EUR 129 million for the third quarter of 2012 compared to EUR 107 million in the same quarter in 2011. Overall, the company has delivered a net profit of EUR 380 million year to date, compared to EUR 448 ...

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Borealis to acquire DEXPlastomers

15-Nov-2012

Borealis, a provider of chemical and innovative plastics solutions, announced that it has reached an agreement to acquire the shares of DSM Plastomers B.V. and Exxon Chemical Holland Ventures B.V., each holding a 50% interest in DEXPlastomers V.O.F. in Geleen, The Netherlands, from DSM Nederland ...

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