13 Nov 2006
Borealis announces EUR 104 million Q3 net profit
• Borealis announces third consecutive quarter of improved profits and
9 Nov 2006
Borealis BorECO™ ensures smooth flow for REHAU® sewer project
Borealis, a leading provider of innovative plastics solutions, has recently supplied REHAU® with BorECO™ BA 212E, a highly developed polypropylene (PP) for pipe systems. One of the most diversified plastics processors in the world, REHAU was faced with the challenge of installing the new smooth-flowing sewerage system in the residential area of Traiskirchen, Austria, during the winter season and therefore benefited from the performance and easy handling of BorECO.
25 Oct 2006
BorForm™ wraps up frozen food industry’s packaging needs
Borealis, a leading provider of innovative plastics solutions, has launched BorForm™, a new and unique polyolefin for film-based vacuum forming packaging. Developed in co-operation with packaging converter Tommen Gram, this complete solution addresses the performance, aesthetic and environmental requirements of packers, processors and consumers throughout the value chain. It ensures efficient production and handling, and minimises packaging materials and waste, while drastically reducing costs and improving food quality.
20 Oct 2006
Borealis and Ashland Distribution celebrate 10 years of partnership in Europe
Borealis and Ashland Distribution are celebrating the success of their 10 years partnership in dealing with distribution customers of Borealis-produced polypropylene (PP) and polyethylene (PE) in Europe. This first pan-European polyolefin distribution partnership has allowed Borealis to increase its responsiveness towards smaller and mid-size customers by ensuring quick delivery from a single local source.
11 Oct 2006
Borealis’ bottling innovation gives on-and off-the-shelf benefits to KKT
Kaller Kunststoff Technik GmbH (KKT), a specialist in the production of plastic bottles for the food, beverage, cosmetic and paint industry, has selected a biaxially oriented polypropylene (PP) grade from Borealis to manufacture injection stretch blow moulded (ISBM) bottles for water-based paint. The choice of this material gives KKT a competitive edge in this specialised market traditionally dominated by extrusion blow moulded high density polyethylene (HDPE)-based bottles. Lower production costs, improved aesthetics and better impact resistance are among the advantages provided by Borealis’ PP ISBM grade RF926MO.
28 Sept 2006
One-material automotive solution from Borealis awarded prize by Society of Plastics Engineers
Borealis, the leading provider of innovative plastics solutions, and the BMW Group, manufacturer of premium automobiles and motorcycles, have developed a new material and testing solution for BMW instrument panel carriers. This innovation will help to reduce system costs and development lead times for future models and has, as a result, been awarded a second prize in the Society of Plastics Engineers’ (SPE) 10th Automotive Division Award 2006 in the category body interior.
21 Sept 2006
Borealis Fast-Tracks Innovation with University of Leoben
Borealis, a leading provider of innovative plastics solutions, is strengthening its commitment to innovation with the development of new material testing methods and software systems in co-operation with the University of Leoben and the Polymer Competence Centre Leoben (PCCL) in Austria. As a result of the company’s enhanced responsiveness towards customer’s needs, the automotive, infrastructure and advanced packaging sectors will be benefiting from the accelerated time it takes to bring products onto the market.
14 Sept 2006
Borouge and Borealis announce world-class Innovation Centre in the UAE
Borouge and Borealis, leading providers of value creating, innovative plastics solutions, today announced the establishment of a major innovation centre in the UAE. The centre represents a significant investment in Borouge’s research capabilities to meet customer needs in the Middle East and Asia Pacific regions.
14 Sept 2006
OMV and Borealis celebrate joint investment in Austria
• Borealis upgrades its European assets: inauguration of a 350,000 tonnes per year Borstar® polyethylene plant and expansion of an existing Borstar polypropylene plant from 210,00 to 300,000 tonnes per year in Schwechat (Austria)
• OMV and Borealis follow their integrated feedstock-olefins-polyolefins strategy: expansion of OMV (35% owner of Borealis) cracker in its Schwechat refinery to 900,000 tonnes per year
• Borealis demonstrates its commitment to Value Creation through Innovation: this investment increases Borealis’ usage of Borstar proprietary technology to more than a million tonnes per year.
• Schwechat becomes a leading location in European plastics industry: EUR 400 million joint investment by OMV and Borealis
9 Aug 2006
Clive Watson, Borealis’ CFO returns to the UK
Borealis today announced that Clive Watson has decided to leave the Group to take on the role of Group Finance Director with Spectris plc, a leading supplier of precision instrumentation and controls, based in Surrey, England. Clive has been with Borealis for almost 5 years and during that time was responsible for Finance, Legal, IT&S and numerous change projects. He will leave on September 30th, 2006.
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.
