6 Dec 2005
Borealis head office moves to Vienna
Borealis recently announced a change in ownership to 65% by the International Petroleum Investment Company (IPIC) of Abu Dhabi and 35% by OMV Aktiengesellschaft, Austria’s oil and gas company. This change has resulted in a decision to move Borealis’ head office from Copenhagen (Denmark) to Vienna (Austria) by summer 2006.
5 Dec 2005
Bormed™ polyolefins answer growing need for speciality grades in healthcare applications
Borealis has developed the Bormed™ family of dedicated healthcare polyolefins to satisfy the demand from the pharmaceutical industry for consistency of quality and appropriateness for healthcare applications. The Bormed range, which is successfully growing in sales, comprises polypropylene (PP), low density polyethylene (LDPE) and high density polyethylene (HDPE) grades precisely tailored for the injection and blow moulding of medical devices as well as pharmaceutical and diagnostics packaging.
28 Nov 2005
New Nepol™ long, glass fibre reinforced polypropylene concentrate from Borealis for technically demanding injection moulded automotive parts
There is a growing trend to use dilution technology as a cost effective route for technically demanding injection moulded applications. This technology reduces the quantity of compounded material used by diluting a concentrated long, glass fibre compound (“concentrate”) with reactor polypropylene (PP) at the injection moulding stage. To meet the needs of customers making this transition from conventional moulding, Borealis has launched Nepol™ GB600HP-9502.
22 Nov 2005
Borcoat™ polypropylene coating provides innovative thermal insulation for deep water Gulf of Mexico project
Borealis has developed innovative Borcoat™ polypropylene (PP) materials that thermally insulate the flowlines and risers serving the deep water Thunder Horse Field. This project uses the world’s largest semi-submersible production platform operated by BP in the Gulf of Mexico.
17 Nov 2005
Safety pays back: Borealis’ step change in safety wins the prestigious DuPont Safety Award
Today the prestigious DuPont Safety Awards for individual and collective initiatives in Europe, the Middle East and Africa recognised Borealis as the winner in the Business Impact category at the 2005 DuPont Leaders Forum in Geneva.
17 Nov 2005
Borealis announces third quarter net profit of EUR 40 million
Borealis today announced its third quarter results reporting a net profit of EUR 40 million, a reduction from both last year’s EUR 51 million and from the EUR 51 million recorded in the second quarter of 2005. The result was achieved amidst a period of deteriorating industry margins and surging oil prices. The mounting pressure from rising oil prices directly and indirectly influences the cost of raw materials, transportation and utilities. Combined with low third quarter olefin prices, it led to historically low cracker margins, only partially recovered by increases in polyolefin prices.
15 Nov 2005
New Borcell™ cellular compound concept meets the insulation challenge of radio frequency cables
The increasingly higher operating frequency of 3G mobile phone antenna cables places ever greater demands on the performance of insulation materials. To meet this challenge Borealis has launched a new combination of Borcell™ products that provides good insulation together with lower signal attenuation than has been possible with previous cellular materials.
14 Nov 2005
Borealis appoints new Vice President Wire & Cable
Borealis has announced the appointment of Hans Christian Ambjerg in the position of Vice President Wire & Cable, effective November 1st, 2005. He will be based in Mechelen, Belgium.
8 Nov 2005
New Borstar® polyethylene film grade combines unique spectrum of mechanical properties and easy processing for packaging
Combining easy processing with a unique spectrum of mechanical properties, Borealis’ new Borstar® FB4370 grade offers new and improved packaging solutions to polyethylene (PE) converters. Borstar FB4370 is the only PE film grade that balances mechanical properties such as high stiffness, toughness, easy opening and downgauging, with outstanding extrusion properties for higher production and packaging speeds.
7 Nov 2005
New Borealis Borpact™ polypropylene delivers transparency and impact resistance for deep freeze packaging
Borealis introduced Borpact™ SG930MO, a clarified polypropylene (PP), to satisfy shoppers’ growing demand for transparent packaging that is deep freeze resistant. Two years of development and trials resulted in Borpact SG930MO, a significant expansion of packaging materials for producers of deep freeze products, such as ice cream.
27 Oct 2005
Borealis launches Borstar® PE 2G technology delivering a new generation of products tailored to specific customer needs
Building on the established advantages of its Borstar® bimodal process technology, Borealis has introduced a new generation of proprietary technology - Borstar PE 2G, a multi-modal process that enables the molecular tailoring of polyethylene (PE) to provide solutions that meet the exact needs of the customer.
27 Oct 2005
Borealis and Novolen enter into license agreement and will jointly develop metallocene single-site polymerisation catalysts
Borealis and Novolen announced today that they have entered into a license agreement allowing Novolen’s metallocene single-site polypropylene (PP) technology rights to be available to Borealis. This agreement grants Borealis access to Novolen’s metallocene PP patent rights to manufacture single-site polymerisation catalysts to produce Borealis metallocene PP solutions. In addition, both parties have entered into joint development agreement to further develop metallocene single-site polymerisation catalysts for use in bulk PP polymerisation processes. Both companies are strongly committed to innovation and play a leading role in the plastics industry.
