Plastics
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1 Sept 2008
Herbert Willerth appointed Borealis Deputy CEO
Borealis, a leading provider of innovative, value creating plastics solutions, has announced that Herbert Willerth will assume the newly created role of Deputy Chief Executive, effective from September 1, 2008. In this position, Willerth will have a special focus on Europe and the overall competitiveness of the European plants and support Chief Executive Mark Garrett.
27 Aug 2008
Borealis and MCC agree to improve PP compound supply for the automotive industry
Borealis AG, a leading supplier of innovative value creating plastics solutions, and its U.S. subsidiary, Borealis Compounds LLC, have entered into manufacturing and supply agreements with affiliates of Mitsubishi Chemical Corporation (MCC) to improve the supply of polypropylene compounds (PP/CP) to the automotive industry in Europe and the United States. The agreements are intended to aid all companies in meeting demand and enhancing the competitiveness of their automotive customers, through localised production and supply of high quality, high-performance PP/CP materials.
Borealis, a leading provider of innovative value creating plastic solutions and Uponor, a leading supplier of plumbing and heating systems, have announced at the World Water Week in Stockholm a joint initiative to pilot for the first time the concept of water footprint to the manufacturing of a plastic application.
Borealis and Borouge, leading providers of innovative value creating plastic pipe solutions, will present a series of papers outlining their latest polyolefin technology developments and cutting-edge initiatives to delegates at the XIV Plastics Pipes Conference in Budapest, 22-24 September 2008.
Effective 18th August 2008, or as contract terms allow, Chemtura Corporation (NYSE:CEM) will increase prices on its range of flame retardants used in polyurethane cushioning by $0.30/lb in all regions. Specific product lines affected are:
• Innovation in base chemical technologies is an important key to success of Borealis’ new business group