Company Releases

06.12.2005 -  Borealis head office moves to Vienna
Borealis to continue focus on providing innovative, value creating plastics solutions.

17.11.2005 -  Leadership in Safety
Borealis’ step change in safety wins prestigious DuPont Safety Award.

14.11.2005 -  Borealis appoints new Vice President Wire and Cable
Hans Christian Ambjerg named as new Vice President of Wire & Cable at Borealis.

27.10.2005 -  Borealis and Novolen to enter into license agreement
Borealis and Novolen announce a license agreement allowing Novolen’s metallocene single-site polypropylene (PP) technology rights to be available to Borealis.

14.10.2005 -  Change in Borealis ownership structure final
It's official. Following regulatory approval, the change in Borealis’ ownership structure has now been finalised.

14.09.2005 -  Borealis to expand XLPE capacity in Scandinavia
Borealis announces plans to substantially expand cross linkable polyethylene (XLPE) capacity in Stenungsund, Sweden.

12.07.2005 -  Borouge awards Project Management and Financial Advisory contracts for major expansion in Middle East
The Project Management Consultancy (PMC) and Financial Advisor contract awards linked to a proposed major UAE expansion were announced today by Borouge – Borealis’ joint venture with the Abu Dhabi National Oil Company (ADNOC).

05.07.2005 -  Borealis invests EUR 36 million to increase Nordic olefins capacity
Borealis announces EUR 36 million investment to expand olefins unit in Porvoo, Finland.

30.06.2005 -  Change in Borealis ownership structure underpins future growth
The International Petroleum Investment Company (IPIC) of Abu Dhabi and OMV Aktiengesellschaft of Austria have announced today their agreement to purchase Statoil’s 50% shareholding in Borealis A/S.

13.04.2005 -  Borealis committed to reduce carbon dioxide emissions by using natural gas in Stenungsund, Sweden
Borealis AB, DONG Sweden and Nova Naturgas have signed a deal to provide natural gas to Borealis in Stenungsund.

17.03.2005 -  Borealis increases European polyolefins prices
Borealis announced today that it will increase the price of its polyethylene and polypropylene plastics in Europe by EUR 70 and EUR 50 per tonne respectively as of April 1, 2005.