Company Releases

16.12.2010 -  Borealis upgrades at Porvoo polyethylene plant support Borstar® PE product development
The Borealis Supervisory Board approved a EUR 17 million investment to upgrade one of its polyethylene plants in Porvoo, Finland.

24.11.2010 -  Borealis donates AED 1.5 million to UAE charities
Supervisory Board of Boreali approved a donation of AED 1.5 million (EUR 300,000) from its Social Fund.

28.10.2010 -  Borealis and Borouge celebrate three years of Water for the World™
Three years after its launch at K-Fair in 2007, Borealis and Borouge draw a first successful balance of their corporate social responsibility programme Water for the World™.

27.10.2010 -  Borouge’s Abu Dhabi plant on track to deliver
At the K-2010 Fair in Dusseldorf, Germany, Borouge confirmed that its expanded plant in Abu Dhabi, UAE, is starting-up as planned. 

26.10.2010 -  Borealis, Borouge and NOVA Chemicals at K 2010 – Creating new horizons through Capability, Commitment and Care
At this year's Kfair in Düsseldorf, Germany, three strong companies share one presence: Borealis, Borouge and NOVA Chemicals.

29.09.2010 -  Borealis appoints James McCummiskey as Senior Vice President Operations
Borealis announces the appointment of James McCummiskey as Senior Vice President Operations, effective October 1, 2010.

22.09.2010 -  Borealis Supervisory Board appoints Markku Korvenranta as Executive Vice President for Base Chemicals
The Supervisory Board of Borealis announces the appointment of Markku Korvenranta as Executive Vice President for Base Chemicals effective October 1, 2010.

07.09.2010 -  Gerd Löbbert appointed Borealis Executive Vice President for Polyolefins
Borealis announces the move of Gerd Löbbert from his current position as Executive Vice President for Base Chemicals to the position of Executive Vice President for Polyolefins.

31.08.2010 -  Borealis announces changes in Film & Fibre and Moulding Business leadership

05.08.2010 -  Herbert Willerth assumes responsibility for Borealis’ Middle East and Asia activities

14.07.2010 -  Borealis and Borouge strengthen cooperation on global supply and service capability for global automotive customers

02.07.2010 -  Borouge signs major contracts valued at US$ 2.6 billion to advance its strategic Borouge 3 expansion
Contracts valued at US$ 2.6 billion contracts signed today to construct Borouge 3 polyolefins units and utilities & off-site facilities in Abu Dhabi, UAE

30.06.2010 -  Borealis sets investment milestones for the development of its Porvoo location
Borealis, a leading provider of chemical and innovative plastics solutions, strengthens its long-term commitment to the production site in Porvoo, Finland with a 10 year contract with Neste Oil to supply feedstock and further investment in the site's innovation capabilities.

22.06.2010 -  Borealis calls for contestants for its 2010 Student Innovation Award for innovative research
Borealis, a leading provider of chemical and innovative plastics solutions, has launched the Borealis Student Innovation Award 2010. The Award will recognise the two most innovative research papers on olefins or polyolefin. It forms part of the company’s aim of cultivating in young people a stronger interest in how innovation in plastics can create greater value for society.

15.06.2010 -  Borealis Agrolinz Melamine - 70 years of plant nutrients production in Linz
Borealis Agrolinz Melamine has produced plant nutrients at its Linz location for the past 70 years and together with its sales subsidiary, LINZER AGRO TRADE GmbH and regional sales companies, is further consolidating its competences and role as the largest plant nutrient wholesaler in Eastern and South-eastern Europe.  

08.06.2010 -  Borouge awards AED 260 million contract to Ascon for the construction of its Innovation Centre
Borouge has awarded the contract for the construction of its Innovation Centre in Abu Dhabi, UAE.

02.06.2010 -  Stenungsund expansion to enable broad supply of Borealis solutions for wire and cable sector
Borealis customers can count on a reliable partner for growth following Borealis’ completion of an over EUR 400 million investment at its plant in Stenungsund, Sweden. A new 350,000 t/y high pressure LDPE plant along with modernised compounding and material-handling facilities were officially inaugurated on June 2, 2010, increasing total capacity at the site from 580.000 t/y to 700.000 t/y.

27.05.2010 -  Borouge awards three major EPC contracts for Borouge 3 expansion project valued at US$ 2.6 billion
Borouge has awarded three major Engineering, Procurement and Construction (EPC) contracts valued at approximately US$ 2.6 billion for its Borouge 3 expansion project in Ruwais, Abu Dhabi, in the UAE.

26.05.2010 -  Borouge signs an agreement to build second compounding plant in China
Borouge and The Linde Group signed contract for the construction of a 1.5 million tonnes per year (t/y) ethane cracker at Borouge's production site in Ruwais, Abu Dhabi, in the UAE.

26.05.2010 -  US$ 1.075 billion contract for construction of Borouge 3 ethane cracker in Abu Dhabi signed
Borouge and The Linde Group signed contract for the construction of a 1.5 million tonnes per year (t/y) ethane cracker at Borouge's production site in Ruwais, Abu Dhabi, in the UAE.

26.05.2010 -  Borealis and Borouge - creating new horizons at K 2010
Built around the theme of "Creating New Horizons - Capability, Commitment, Care", Borealis and Borouge will showcase their strong capabilities, committed and caring approach.

30.04.2010 -  Borealis successfully launched inaugural bond
The initially planned amount of EUR 100 million was increased to EUR 200 million

28.04.2010 -  Borouge breaks ground for a new Innovation Centre in Abu Dhabi
Borealis' joint-venture Borouge was breaking ground for its new Innovation Centre in Abu Dhabi on April 27, 2010.

21.04.2010 -  Borouge inaugurated its first manufacturing plant in China
Borealis’ joint venture Borouge inaugurated its first manufacturing plant in China at a ceremony held at the plant in Shanghai on April 20, 2010.

01.04.2010 -  Henry Sperle retires from Borealis
Borealis announces the retirement of its long-time Executive Board Member Henry Sperle on May 31, 2010 at the age of 62.

25.03.2010 -  Borealis announces new Chairman of the Supervisory Board
Borealis announces the nomination of H.E. Khadem Al Qubaisi as the new Chairman of the Borealis Supervisory Board.

24.03.2010 -  Champion in Cholera Prevention Receives 2010 Stockholm Water Prize
Co-Founders of the Stockholm Water Prize, Borealis and Borouge are pleased to share the announcement of Dr Rita Colwell as 2010 Laureate.

16.02.2010 -  Borealis sponsors chaired professor seat at Abu Dhabi Petroleum Institute
Borealis announces the establishment of a chaired professor seat at the Petroleum Institute in Abu Dhabi.

25.01.2010 -  Borealis distributes Student Innovation Award 2009
Borealis has selected the winners of its Student Innovation Award 2009.

20.01.2010 -  Borealis increases polyethylene and polypropylene prices

Price increase as of January 25, 2010.

07.01.2010 -  Borouge further expands capabilities in China
Borouge is expanding its marketing, sales and innovation capabilities in Guangzhou and Shanghai.