Borealis is a provider of innovative solutions in the fields of polyolefins, base chemicals and fertilizers. Borealis is headquartered in Vienna, Austria, and operates in over 120 countries with around 5,300 employees worldwide, generating EUR 7.5 billion in sales revenue in 2012. The International Petroleum Investment Company (IPIC) of Abu Dhabi owns 64% of the company, the remaining 36% is owned by OMV, the leading energy group in the European growth belt. Borealis provides services and products to customers around the world in collaboration with Borouge, a joint venture with the Abu Dhabi National Oil Company (ADNOC).
Building on the Borstar® and BorlinkTM technologies and 50 years of experience in polyolefins, Borealis and Borouge support key industries including infrastructure, automotive and advanced packaging. The Borouge plant expansion in Abu Dhabi will be fully operational by mid-2014 with a total annual capacity of 4.5 million tonnes. After this Borealis and Borouge will have approximately 8 million tonnes of polyolefin capacity.
Borealis offers a wide range of base chemicals, including melamine, phenol, acetone, ethylene and propylene servicing a wide range of industries. Together with Borouge the two companies will produce approximately 6 million tonnes of Base Chemicals in 2014.
Borealis also creates real value for the agricultural industry with a large portfolio of fertilizers. The company distributes approximately 2.1 million tonnes per year.
Borealis and Borouge aim to proactively benefit society by taking on real societal challenges and offering real solutions. Both companies are committed to the principles of Responsible Care®, an initiative to improve safety performance within the chemical industry, and contribute to solve the world's water and sanitation challenges through product innovation and their Water for the WorldTM programme.
OMV ReOil project: OMV and Borealis extend their partnership at the industrial site in Schwechat
OMV and Borealis are exploring synergies in order to establish a circular economy at their shared industrial site in Schwechat, Austria
Borealis awards Engineering Services (EPCM) contract to Maire Tecnimont Group for new world-scale propane dehydrogenation plant in Belgium
Borealis awarded Tecnimont with the engineering, procurement, construction management (EPCM) and commissioning services contract for a new 750,000 t/y propane dehydrogenation (PDH) plant in Kallo,...
Borealis increases PP capacity in Europe; strengthens commitment towards European customer base
Borealis is increasing its PP capacity in Europe by expanding the capacity of its PP plant in Kallo, Belgium, by 80kt and engineering the expansion of its PP plant in Beringen, Belgium.
Borealis to build new, world-scale 750,000 tonne/year propane dehydrogenation (PDH) plant in Belgium
The PDH plant will have a targeted production capacity of 750,000 tonne per year, making it one of the largest and most efficient facilities in the world. The Borealis Kallo location was selected d...
Borealis inaugurates EUR 15 million investment project mtm plastics GmbH
Borealis announces the inauguration of a EUR 15 million investment project in mtm plastics GmbH. Based in Niedergebra, Germany,
Borealis inaugurated newly expanded high voltage testing centre in Stenungsund, Sweden
EUR 4 million to respond to increasing demand for electricity newly expanded high voltage (HV) in electrical testing facilities at the Borealis Innovation Centre in Stenungsund, Sweden.
Borealis Selects Jacobs to Conduct Engineering Study for Chemical Plant in Belgium
Proposed plant would be one of the largest in the world with annual capacity of 740 kilotons
Borealis to proceed to next phase for new, world-scale propane dehydrogenation plant in Belgium
Borealis announces that it will move to the FEED-phase for a new, world-scale propane dehydrogenation (PDH) plant. The facility is planned to be located at the existing Borealis production site in ...
Borealis plans to invest EUR 80 million in Linz location to boost long-term competitiveness
Borealis, announces a new round of investments in its melamine and fertilizer production facilities in Linz, Austria.
Borealis to invest EUR 65 million in Porvoo Borstar PE plant
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 gener...
Borealis announces new European investments
Borealis, a leading provider of chemical and innovative plastics solutions, announces two major investment projects in its European manufacturing plants in Stenungsund, Sweden and Porvoo, Finland. ...
Stenungsund expansion to enable broad supply of Borealis solutions for wire and cable sector
A new 350,000 t/y high pressure LDPE plant along with modernised compounding and material-handling facilities were officially inaugurated on June 2, 2010, increasing total capacity at the site from...