8 Aug 2006
Borealis lifts 2nd quarter net profit to EUR 92 million, and introduces eleven new plastics grades
Borealis today announced a net profit of EUR 92 million for the second quarter, compared to EUR 31 million in the previous quarter, and EUR 51 million for the same period last year. Chief Executive John Taylor commented:
“On the back of reasonable demand, our solid financial results benefited from the consistent delivery of our value creation strategy driving improvements in our asset configuration and product portfolio.”
2 Aug 2006
Borealis to present innovative solutions at Plastics Pipes XIII conference
Borealis, the leading provider of innovative value creating plastics solutions, will be present at the Plastics Pipes XIII conference taking place on October 2-5 in Washington D.C. Borealis will present six technical papers covering a wide range of pipe solutions.
10 Jul 2006
Borouge showcases its high performance Wire & Cable applications at wire & Tube China 2006
Borouge will be showcasing its high performance Wire & Cable solutions at Wire & Tube China 2006 – the world's biggest trade fair for wire and cable, and tube manufacturing and processing technologies – to be held at the Shanghai New International Expo Centre in Pudong from 25 to 28 September 2006.
12 Jun 2006
Borealis offers the medical industry a new high transparency, high purity sealing film solution
Borealis, a leading innovative plastics provider, is enlarging its product offer for high quality films with a new addition to its Bormed™ family of dedicated healthcare polyolefins. The new grade, Bormed TD109CF, is a polypropylene (PP) sealing material that combines processing advantages with high transparency, purity, excellent sealing behaviour and sterilisability. End uses which can benefit from the performance advantages include pouches, form- fill-seal (FFS) film, the sealable layer for lids for the packaging of medical devices, and lid films for blister packaging. With this new grade, Borealis’ range of solutions for the medical film industry becomes uniquely broad.
6 Jun 2006
Borealis BorPEX™ underscores winning performance in football
Eight of the twelve German stadiums hosting this year’s world football championships are benefiting from a pitch heating system based on BorPEX™ material from Borealis, a leading provider of innovative value creating plastics solutions. Rehau®, one of the most diversified plastic processors in the world, chose BorPEX for crosslinked polyethylene (PE-X) based pipes to prevent pitches from freezing during the winter. These tough and flexible pipes help prevent match postponements, eliminate the higher injury risk related to playing on hard, iced-up ground and accelerate the post-winter recovery of pitches. As a result of the installations, the German 2005/2006 football season was allowed to continue uninterrupted throughout the winter, finishing earlier than normal to assist preparations for the tournament.
22 May 2006
Borealis pioneers cost-effective, tough, flame retardant cable jacketing
Borealis, the world’s leading provider of polyolefin compounds for the global wire and cable industry, has developed a pioneering halogen-free flame retardant compound for the jacketing of energy cables. In addition to providing flame retardancy, new grade Casico™ FR6082 adds high physical strength, toughness and good UV protection to polyethylene (PE) based cable jackets.
16 May 2006
Borealis continues to invest in the future
Borealis today announced the financial results of the first quarter, reporting an operating profit of EUR 36 million. The result was adversely impacted by provisions related to the recently announced decision to close a 110,000 tonnes high density polyethylene unit in Norway, consistent with Borealis’ strategic direction and further improving overall competitiveness. The results were also affected by an additional insurance premium surcharge arising from heavy losses suffered by the insurance industry.
15 May 2006
Borealis appoints Resin Express as European distributor in automotive
Borealis, a leading innovative plastics provider, has appointed Resin Express as a distributor in Europe for its polypropylene (PP) used in automotive solutions with effect from May 15, 2006.
8 May 2006
Borouge and Borealis keep power running in China’s Zhengzhou City
Borouge, the joint venture between Borealis, a pre-eminent European plastics provider, and the Abu Dhabi National Oil Company (ADNOC), is helping the Zhengzhou Electric Bureau keep a smooth uninterrupted power supply to Zhengzhou City in Henan Province, China, by supplying Superclean™ LE4201 insulation and Supersmooth™ LE0500 semiconductive cable materials from Borealis.
28 Apr 2006
Borealis announces Vienna head office location
Borealis, a leading provider of innovative, value creating plastics solutions will move its head office to Vienna this summer. The office in Copenhagen will close June 30, 2006 and the new office in Vienna will be operational as of July 10, 2006.
24 Apr 2006
Borealis combines unique, high productivity with a longer lifetime for XLPE cables
Borealis is adding another grade to its SupercureTM high productivity energy cable compound product portfolio by offering a crosslinked polyethylene (XLPE) insulation solution for long-term performance cables. The first of its kind, Supercure LC8205 combines water tree retardant properties with faster crosslinking, ensuring longevity of the cable and quick production runs benefiting both cable makers and power distributors.
20 Apr 2006
Borealis to strengthen its innovation capability
o Linz, Austria to be centre of Borealis Group’s international research activities in cooperation with Upper Austrian government and research facilities
