Company Releases

02.12.2008 -  William Yau becomes CEO of Borouge’s Marketing Company in Singapore
Yau succeeds Harald Hammer, who returns to Borealis in Europe, to assume the role of Vice President for its new Mobility Business Unit.

01.12.2008 -  Borouge and Agility break ground for the new logistics hub and compound manufacturing unit in Shanghai
Polymers produced at the facility will be used in a wide range of applications including extruded pipe, films and packaging, terraforming and fibres, as well as household and white goods.

28.11.2008 -  EUR 3 Million for Plastics Engineering Studies in Linz
Johann Kepler University will establish three new institutes for Polymer Process Engineering, Polymer Product Engineering and Polymer Materials.

21.10.2008 -  Borouge to build logistics hub in Guangzhou, China
Borouge signed a service contract with Enpro Supply Chain Management Limited to build the Borouge Guangzhou Logistics Hub in the Nansha area of Guangzhou, China. The contract ensures local logistics services for Borouge's customers in Asia for ten years with effect of the start up date of Borouge 2 in 2010.

16.09.2008 -  IPIC and Borealis to sponsor Al Jazira football club
Companies have agreed to a three-year, exclusive main sponsorship of the Al Jazira football club in Abu Dhabi, United Arab Emirates (UAE), starting with the upcoming 2008-2009 football season.

10.09.2008 -  OMV and Borealis: Significant expansion of Burghausen site for leading position in petrochemical industry
OMV and Borealis invest EUR 840 mn in the expansion of their petrochemical production capacities.

10.09.2008 -  New Borstar® technology takes Borealis’ polypropylene to next level in purity, processability and performance
Highly-innovative Borstar PP 2G is a major step forward from bimodal technology, yielding new possibilities in polymer design.

05.09.2008 -  Borealis and Borouge stress partnership approach to global water challenge at IWA 2008
Borealis and Borouge will present Water for the World, a programme that aims at delivering sustainable solutions for the availability of safe drinking water and sanitation.

03.09.2008 -  Borealis boosts step change in innovation
Company announces a significant breakthrough in its on-going strategy to accelerate product development and advance its step change innovation programme.

01.09.2008 -  Herbert Willerth appointed Borealis Deputy CEO
Willerth will have a special focus on Europe and the overall competitiveness of the European plants.

27.08.2008 -  Borealis and MCC agree to improve PP compound supply for the automotive industry
Borealis AG, 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.

20.08.2008 -  Borealis and Uponor launch first water footprint initiative in the plastics industry
Borealis and Uponor announced a joint initiative to pilot for the first time the concept of water footprint to the manufacturing of a plastic application.

13.08.2008 -  Borealis appoints Eberhard Dreher as third Chief Scientist
Innovation in base chemical technologies is an important key  to success of Borealis’ new business group

11.08.2008 -  Borouge awards US$220 million contract to Agility for the Shanghai logistic hub services
Agility will undertake the design, development and subsequent operation of the logistics hub, to ensure sufficient infrastructure, storage facilities, packaging and distribution services to accommodate Borouge’s products dispatched from Abu Dhabi in the United Arab Emirates (UAE).

22.07.2008 -  External power interruption in Borealis’ Schwechat plant led to complete plant shut down
The shut-down was caused by problems with the external electricity line which fed the whole plant during construction work at the grid with no substitute line available.

09.07.2008 -  Borealis boosts innovation with new R&D investment
Company to start-up a Parallel Pressure Reactor (PPR) research tool, supplied by U.S. R&D integration partner Symyx Technologies, as part of a project to drastically reduce the time taken to develop new materials.

03.06.2008 -  Borealis announces key personnel changes in its moulding business
Wim Roels, currently Vice President (VP) for Innovation and Technology, assumed the role of Vice President for the Moulding Business Unit in Vienna.

03.06.2008 -  Borealis appoints Alfred Stern to head its Innovation and Technology programme
He will be succeeding Wim Roels, who assumes leadership of the company’s Moulding business, and be based at the company’s Innovation Headquarters in Linz, Austria.

02.06.2008 -  Borouge and Borealis launch Water for the World in Asia
Joint programme provides solutions, expertise and knowledge to address the global water challenge.

19.05.2008 -  Borealis scientist appointed to Giulio Natta Award’s Scientific Committee
The Giulio Natta Award’s Scientific Committee has appointed Gunilla Herrgård, Chief Scientist for polyolefins research and development, as an official member.

16.05.2008 -  Borealis breaks ground for expansion of its Innovation Headquarters in Austria
The proposed expansion would enable Borouge to meet the growing demands of specific polyethylene and polypropylene markets in the Middle East and Asia in pursuit of its strategy to create value through innovation.

07.04.2008 -  Borouge announces further strategic expansion of polyolefins operations beyond Borouge 2
The proposed expansion would enable Borouge to meet the growing demands of specific polyethylene and polypropylene markets in the Middle East and Asia in pursuit of its strategy to create value through innovation.

26.03.2008 -  Plastics contribute to addressing the global water challenge
Prof. John Anthony Allan named as the 2008 Stockholm Water Prize laureate for his work on Virtual Water.

19.03.2008 -  New Chemicals Industrial City planned for Abu Dhabi
Upon expected completion in 2013, the complex will be the largest and most integrated of its kind in the world, supporting the Abu Dhabi government’s strategy of diversifying its economy.

07.03.2008 -  Borealis announces new Vice President for Business Unit Pipe
Jane Toogood to replace Lorenzo Delorenzi and further develop business in Europe, the Middle East and Asia.

25.02.2008 -  Borealis creates Science and Technology Advisory Board
New board set to provide further impetus to its step change in innovation programme.

29.01.2008 -  Borealis announces new Executive Vice President for Polyolefins
Borealis announces the appointment of Lorenzo Delorenzi as Executive Vice President for its Polyolefins business.

09.01.2008 -  Borealis announces new Executive Board structure

On January 1, Mark Garrett officially took over from John Taylor as Chief Executive and Chairman of the Executive Board