2 May 2007
Borealis announces R$18 million investment in Brazil
Borealis, a leading provider of innovative, value creating plastics solutions, will invest R$ 18 million in the acquisition of a new extrusion line to enlarge its Itatiba (SP) plant. Borealis has two production units in Brazil located in Itatiba (SP) and Triunfo (RS). The investment, which will serve the automotive and appliances markets, will increase the polypropylene (PP) compounding capacity of the plant by 11,000 tonnes per annum and is due for completion in mid-2008.
23 Apr 2007
Borouge announces launch of the Gulf Plastics Pipe Academy to promote the use of high quality plastics pipe systems
Borouge today announced the launch of the Gulf Plastics Pipe Academy (GPPA), of which it is a founding member. The GPPA, formally launched by Harald Hammer, CEO, Borouge Pte Ltd at Dubai PlastPro, is set to play an important role in increasing the use of high quality plastics pipe systems in the Middle East.
12 Apr 2007
Borouge awards two major contracts for Borouge 2 expansion project
Borouge, a leading provider of innovative, value creating plastics solutions, today awarded contracts valued at approximately US$3 billion for Borouge 2, the major expansion project at the company’s production facilities in Ruwais, Abu Dhabi in the United Arab Emirates.
10 Apr 2007
Borouge to Expand Production to Include Melamine
Borouge announces that it is continuing with the construction of a new melamine plant in Ruwais, Abu Dhabi, the location of its existing world-scale polymer production facilities. The company is planning to take over a project currently being undertaken by the Abu Dhabi National Oil Company (ADNOC) and AMI Agrolinz Melamine International (AMI) in Ruwais.
4 Apr 2007
Borealis’ Daplen achieves technological breakthrough in fully integrated fender
Borealis has delivered the foundation for a technological breakthrough to the automotive industry with the development of Daplen™ EF341AE used in the world’s first fully integrated fender module. The material, a thermoplastic polyolefin (TPO) compound, has been specifically tailored to meet BMW’s exacting specifications for the new BMW X5 regarding improved production cost, safety, high quality aesthetics and environmental performance. The resulting TPO fender is the most complex and highly integrated, class A body application to be seen in production to date.
2 Apr 2007
Borealis to showcase plastic packaging solutions at Plastpol
Borealis, a leading supplier of innovative, value creating plastics solutions, will exhibit its latest innovations to visitors of Plastpol, from May 29 – June 1 in Kielce, Poland (Trade Fairs Conference Centre, Hall D). Visitors will be able to experience the benefits Borealis’ polyolefins bring to a wide range of applications especially in automotive and advanced packaging.
28 Mar 2007
Borealis highlights cabling innovations at Wire Russia 2007
Borealis, a leading provider of innovative, value-creating plastic solution, will showcase state-of-the-art polyolefin solutions to visitors of Wire Russia 2007, from May 28-31, 2007 in Moscow, Russia (Krasnaya Presnya Exhibition Centre, Hall 1, Stand E05). The company’s presence reflects its commitment to support the development of Russian energy and communication cable infrastructure.
21 Mar 2007
Borealis announces EUR 370 million investment for the wire and cable market
• Borealis invests EUR 370 million in its wire and cable business
• New 350,000 t/y low-density polyethylene (LDPE) plant
• Modernisation and streamlining of compounding
• Shutdown of 230,000 t/y high-cost polyethylene capacity
Borealis, a leading provider of innovative, value creating plastics solutions, will invest EUR 370 million in Stenungsund, Sweden, enhancing its capability to provide advanced materials for the growing wire and cable market, as well as for the Nordic packaging market.
21 Mar 2007
Borealis announces record profits for 2006 and EUR 370 million investment in Sweden
• Net profit increases by 45% in 2006, resulting in the best financial performance in the history of the company
• EUR 370 million to be invested in Stenungsund, Sweden, for the wire and cable market
• More than EUR 100 million to strengthen innovation capability
• Major expansion spearheads growth in Middle East and Asia
19 Mar 2007
Borealis appoints new Chief Financial Office
Borealis, a leading provider of innovative, value creating plastics solutions, announces the appointment of Dan Shook as Chief Financial Officer and member of the Executive Board effective June 1, 2007. He succeeds Clive Watson who left the company in September 2006.
15 Mar 2007
New DIN standards for water pressure pipes recognise PP-RCT
During 2006, the German standards for polypropylene (PP) pressure pipes have been revised. The designations PP-H100, PP-B80 and PP-R80 have been withdrawn as they did not reflect the required behaviour at elevated temperatures and were changed to PP-H, PP-B and PP-R. Also, pioneering PP-RCT has now been officially recognised as a category under the new German standards DIN8077 and DIN8078 for PP pressure pipes. The creation of a new PP-RCT class means that these solutions can now be tested according to a widely accepted quality standard.
14 Mar 2007
Restructuring initiatives announced for Borealis
Borealis announces that it will reorganise its manufacturing operations in Bamble, Norway, within the framework of lean manufacturing. The aim is to further increase our European asset competitiveness and profitability of the plant.
