5 May 2004
Borealis continues to improve its financial performance in first quarter 2004
Following a positive fourth quarter 2003 result, Borealis continued to improve in the first quarter of 2004, reporting an operating profit of EUR 56 million. This compared favourably to last year’s first quarter operating loss of EUR 12 million, which had been adversely impacted by a EUR 17 million restructuring charge. Net profit after tax grew to EUR 38 million.
26 Apr 2004
Borealis introduces new tougher, flame retardant Casico™ jacketing
Borealis, the leading supplier of polyethylene to the global wire and cable industry, has extended its Casico product range with FR4805. This new stronger, flame retardant jacketing compound is designed to make cable installations more resistant to penetration and cut-through.
5 Apr 2004
Plastics Pipes XII, Milan breaks new records
Plastic Pipes XII Conference, which takes place April 19 – 22nd at The Grand Hotel Dino on Lago Maggiore, near Milan has attracted over 450 delegates and promises to break all previous records for the Conference which has continued for over 30 years.
30 Mar 2004
Greater profitability with CleantainerTM delivery of SupercureTM LE8201
.jpg)
The manufacture of XLPE power cables has risen by more than 25% over the past five years. And, as the demand for power increases and earlier generation technologies such as paper cables are replaced, the growth rate in volume is certain to rise higher. This will create two challenges: the need for increased manufacturing productivity and an improved delivery system to move product to the customer.
30 Mar 2004
Borealis launches Borcell™ insulating compounds for enhanced transmission in communication cables
To meet the growing need for enhanced electrical properties in telephone, TV and data cables Borealis, the leading supplier of polyethylene to the global wire and cable industry, has further developed its cellular insulation compounds. Borcell is an extensive range of chemically and physically blown polyethylene (PE) compounds offering improved transmission properties and processability.
30 Mar 2004
New Borealis compound, Supercure™ LS4201, improves productivity
To help satisfy the growing demand for MV, HV and EHV underground cable systems for electric energy transmission, Borealis, the leading supplier of polyethylene to the wire and cable industry, has developed Supercure LS4201. The new XLPE compound can deliver significant increases in cable production speed without compromising either quality or performance.
4 Mar 2004
Borealis closed a challenging year for the petrochemical industry with a strong fourth quarter
Today Borealis announced its 2003 results, which were positively impacted by stronger demand, lower costs and higher margins in the fourth quarter, lifting full year net profit from EUR 6 million in 2002 to EUR 16 million in 2003.
26 Feb 2004
Borealis expands distribution agreement with Ashland for Iberia
Borealis today announced that it has extended its current distribution agreement with Ashland Distribution Company to include polypropylene for small and medium sized automotive and household appliance customers in Spain and Portugal.
20 Feb 2004
Borealis increases European polyolefins prices by EUR 100 per tonne
Borealis announced today that it will increase the price of its polyethylene and polypropylene plastics in Europe by EUR 100 per tonne as of March 1, 2004.
16 Jan 2004
Borealis prepares for new Borstar® polyethylene plant and new products
Today Borealis broke ground for its new 350,000 tonnes per year polyethylene plant at its petrochemical site at Schwechat, Austria. Scheduled to come onstream towards the end of 2005, the new plant, to be built by Tecnimont, will utilise Borealis’ proprietary Borstar technology. It will replace two old LDPE lines and a HDPE line, and will focus on LLDPE.
15 Dec 2003
Borouge developing into world scale petrochemical complex
Borouge, Borealis’ joint venture with ADNOC, is expanding its existing Borstar capacity and studying further expansion to form a world scale petrochemical complex at Ruwais, Abu Dhabi in the UAE. Building on the successful start up and first two years of operation, increasing market demand for enhanced polyolefins and more feedstock becoming available, the next steps are underway to expand the Borouge petrochemical complex.
