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Borealis announces changes in its Supervisory Board


Borealis announced that H.E. Khadem Al Qubaisi, Managing Director of the International Petroleum Investment Company (IPIC) and Chairman of the Board of Aabar Investments, has been re-elected Chairman of the Borealis Supervisory Board. Dr. Gerhard Roiss, CEO of OMV and Vice Chairman of the ...


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Borealis announces new leadership for Pec-Rhin S.A.


Borealis announces the appointment of Johan Van Grootel as Chairman of the Executive Board of PEC-Rhin S.A. as of February 1, 2012. Borealis has recently acquired PEC-Rhin (Ottmarsheim, France), a producer of nitrate fertilizers as well as ammonia, ammonia water and nitric acid for industrial ...


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Borealis Student Innovation Award 2011: recognising high quality olefins and polyolefins theses of outstanding students


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 Kunstmuseum ...


Borealis increases polyethylene and polypropylene prices


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 ...


Borealis made offer to acquire PEC-Rhin from GPN


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 being ...


Borealis Schwechat celebrates 50 years of polypropylene production


In October, Borealis celebrated an important anniversary with the 50th anniversary of polypropylene (PP) production at its Schwechat location. The company’s first PP production plant became operational in Schwechat in 1961 and received the designation PP1. At that time, the plant was part of the ...


Borealis delivers strong second quarter results despite a softening market environment


Borealis announced a net profit of EUR 168 million for the second quarter of 2011, an increase of EUR 76 million compared to the second quarter of 2010. Net profit for the first half of 2011 reached EUR 341 million compared to EUR 146 million during the same period last year. Net debt decreased ...


Borealis appoints John Webster as Director of the Business Unit Melamine


Borealis announced the appointment of John Webster as Director of the Business Unit Melamine as of July 1, 2011. John Webster will take over this new responsibility in addition to his position as Director for the Borealis Phenol business. He succeeds Rainer Höfling, who was appointed Vice ...


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Wim Roels appointed new CEO of Borouge Pte


Borealis announces the appointment of Wim Roels with effect from July 1, 2011 to lead Borouge Pte, the Marketing Company of Borouge, a joint venture between Borealis and ADNOC. Appointed to drive forward the further growth of Borouge together with Abdulaziz Alhajri, CEO of Abu Dhabi Polymers - ...


Borealis further expands its Base Chemicals business into Bulgaria


Linzer Agro Trade, fertilizer wholesaler, is extending its network with the opening of a new subsidiary in the Bulgarian capital, Sofia. The new sales office is part of the company’s expansion programme into Southeast Europe. It will sell not only fertilizers that the company produces itself, but ...


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