Borealis
From WikiPETia.info
| Borealis | |
|---|---|
| Founded | 1994 |
| Headquarters | Vienna, Austria |
| Website | www.borealisgroup.com |
Company Profile
Borealis manufactures polyolefin products that are a intrinsic part of daily lives, working closely with its customers and industry partners to provide innovative and value-creating plastic solutions to make end products safer, lighter, more affordable and adaptable.
The company serves a wide-ranging and diverse area of of polyolefins applications: Automotive, Consumer products, Energy, Healthcare, Pipes & Fittings, Polymer Solutions.
Headquartered in Vienna, Austria, Borealis employs over 6,600 people and operates in over 120 countries. 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).
Borealis was formed in 1994 through the merger of Statoil and Neste. At first the Borealis head office was located in Copenhagen, Denmark. Since then Borealis has developed from its roots to an international company with strong presence primarily in Central Europe and the Middle East. 2006 the headquarters have been relocated to Vienna, Austria.
Products / Technology
- Polyolefins
- Automotive
- Consumer Products
- Energy
- Healthcare
- Pipes & Fittings
- Polymer solutions
- Base Chemicals
- Hydrocarbons & Energy
- Melamine & Guandine Carbonate
- Technical Nitrogen Products
- Fertilizers
History
- 1994 - Borealis becomes operational
- Juha Rantanen becomes Borealis‘ first chief executive
- start of Corporate Co-operation Council
- introduction of Borealis Ethics Policy
- 1995 – start-up of first Borstar® polyethylene (PE) plant in Porvoo, Finland
- Launch of annual Health, Safety and Environment (HSE) Awards
- Commoitment to Responsible Care® Global Charter implementation
- 1996 - Svein Renemo becomes Borealis‘ chief executive
- Sale of Borealis Industrier
- Takeover of management responsibility for North Sea Petrochemicals (NSP)
- Start of joint venture with ADNOC
- 1997 – Sale of Neste‘s 50% share in Borealis
- Acquisition of Montell Polyolefins‘ 50% share in North Sea Petrochemicals NV (NSP)
- 1998 – Creation of petrochemical complex in Abu Dhabi – Borouge
- acquisition of PCP Polymere
- Launch of Borealis official homepage
- 2000 – Construction and start-up of Borealis‘ first Borstar® polypropylene (PP) plant in Schwechat, Austria
- Establishment of joint venture with PetroquÍmica S.A.
- Launch of manufacturing joint venture with DuPont
- 2001 – Start-up of new petrochemical complex in Ruwais, UAE
- John Taylor becomes Borealis‘ Chief Executive
- 2002 - Shipment of first commercial Borstar® polyethylene (PE)
- Introductionof new Borealis company values
- 2003 – Redesign of Borealis‘ technology organisation
- 2004 – Launch of Shaping the Future with Plastic Vision
- Improvement of safety and environmental performance
- Sale of Portuguese operations to Repsol YPF
- 2005 – Purchase of Statoil‘s 50% shareholding in Borealis a/S by IPIC and OMV
- Launch if Borstar® polyethylene (PE) 2G technology
- Receipt of prestigious DuPont Safety Award
- Foundation of LINZER AGRO TRADE
- 2006 – Relocation of Borealis‘ Head Office to Vienna, Austria
- Inauguration of new Borstar® polyethylene (PE) plant in Schwechat, Austria
- 2007 – Acquisition of Agrolinz Melamine International GmbH
- Launch of Gulf Plastics Pipe Academy (GPPA)
- Sale of Borealis‘ Norway-based petrochemical business to Ineos
- Formation if Base Chemicals business group
- Launch of Water for the World™
- 2008 – Mark Garrett becomes Borealis‘ Chief Executive and Chairman of the Executive Board
- Borealis scientists appointed to Giulio Natta Award‘s Scientific Committee
- Launch of first water footprint initiative in the plastics industry by Borealis and Uponor
- Launch of Borealis Social Fund
- 2009 – Inauguration of the international Innovation Headquarters in Linz, Austria
- Receipt of DuPont Safety Award
- 2010 - Inauguration of low-density polyethylene (LPDE) plant following major investment in Stenungsund, Sweden
- 2011 – Investment in steam cracker plant in Stenungsund, Sweden
- 2012 – Acquisition of PEC-Rhin S.A. from GPN
- Launch of Borlink™
- Receipt of Giulio Natta Award 2012
- 2013 – Acquisition of DEXPlastomers in Geleen, Netherlands
- Inauguration of revolutionary sirius catalyst plant in Linz, Austria
- Acquisition of GPN S.A, and majority of Rosier S.A.
- 2014 – Borealis celbrates 20th anniversary
- Launch of N-Pilot
- Borouge 3 start-up, largest integrated olefins/polyolefins complex in the world in Abhu Dhabi, UAE
- 2015 – Recorded net profit of EUR 988 million in 2015
- investment in cracker upgrade and revamp in Stenungsund, Sweden
- Investment in facilities in Itatiba, Brazil, to expand South America presence
- start-up of all Borouge 3 polyolefins plants in Ruwais, UAE
- Inauguration of new Bourouge Innovation Centre in Abu Dhabi, UAE
- Joint venture agreement with Neste and Veolia to build new combined heat and power plant in Porvoo, Finland
- 2016 – Recorded net profit of Eur 1.1 billion in 2016
- Acquisition of German recyclers mtm plastic GmbH and mtm copmpact GmbH
- Borceed™ becomes new brand name of the Queo™ platform
References
PETplanet Insider Articles
Issue 09 / 2021: European technologies and projects for a global circular economy
Issue 12 / 2012: Material for lightweight hinge closures
Issue 06 / 2009: New cap resins from Borealis
