
Stenungsund expansion to enable broad supply of Borealis solutions for wire and cable sector
02.06.2010
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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.
The world’s leading provider of innovative, value creating plastics solutions for the wire and cable industry has expanded its Stenungsund facilities while maintaining a closed operation process to eliminate potential sources of impurities. The plant was designed and constructed with the highest wire and cable quality standards in mind.
The capacity expansion builds on Borealis’ existing technology platform and demonstrates its commitment to high quality, well-known brands such as Supercure™ and Visico™. The capacity will be focused specifically on Borealis’ newest products such as Supercure LS4201 and LC8205 and special products for extra high voltage cables LE4201EHV and LE4244EHV. Its Visico products for low and medium voltage cables LE4423, LE4421 and LE4421M will also benefit from the controlled environment in place at Stenungsund.
“Consistency, homogeneity and cleanliness are key determinants in enabling the reliable production of quality high voltage cables,” comments Borealis Chief Executive Mark Garrett. “To that end, we have focused the entire Stenungsund expansion and Borealis process to ensure we deliver the high purity, value-adding market applications of the future and consolidate our leadership in the demanding wire and cable market segments.”
The expansion makes Stenungsund a leading world-scale polyethylene facility for advanced infrastructure applications and is a continuation of a EUR 42 million cross-linkable polyethylene (XLPE) capacity upgrade already taken on stream during 2007. This new investment will in addition enable Borealis to maximise the flexible feedstock – olefin – polyolefin integration. Old polyethylene capacity of 230.000 t/y will be gradually phased out during 2010.
For further information, please contact:
Kerstin Meckler
Head of Communications,
Borealis
+43 122 400 389
kerstin.meckler@borealisgroup.com
Borealis Business Unit Wire&Cable
Borealis is a leading provider of chemical and innovative plastics
solutions that create value for society. With sales of EUR 4.7 billion in
2009, customers in over 120 countries, and 5,200 employees worldwide,
Borealis is owned 64% by the International Petroleum Investment Company
(IPIC) of Abu Dhabi and 36% by OMV, the leading energy group in the
European growth belt. Borealis is headquartered in Vienna, Austria, and has
production locations, innovation centres and customer service centres
across Europe and the Americas. Through Borouge, a joint venture between
Borealis and the Abu Dhabi National Oil Company (ADNOC), one of the world’s
major oil companies, the company’s footprint reaches out to the Middle
East, Asia Pacific, the Indian sub-continent and Africa. Established in
1998, Borouge employs approximately 1,400 people, has customers in more
than 50 countries and its headquarters are in Abu Dhabi in the UAE and
Singapore.
Building on the unique Borstar® technology and their experience in
polyolefins for more than 50 years, Borealis and Borouge provide
innovative, value creating plastics solutions for the infrastructure (pipe
systems and power and communication cables), automotive and advanced
packaging markets. In addition, Borealis offers a wide range of base
chemicals from melamine and plant nutrients to phenol and acetone.
Today Borealis and Borouge manufacture over 4 million tonnes of polyolefins
(polyethylene and polypropylene) per year. Borouge is currently tripling
its polyolefins manufacturing capacity to 2 million tonnes per year (t/y)
by mid-2010 and an additional 2.5 million t/y is scheduled for 2013. The
companies continue to invest to ensure that their customers throughout the
value chain, across the globe, can always rely on product quality,
consistency and security of supply.
For more information visit:
Borealis is the world’s leading provider of innovative, value creating
plastics solutions for the wire and cable industry. Our solutions are
customer-driven and designed to satisfy the industry’s continuously
evolving demands for higher technical performance. They can be found in the
most challenging extra-high voltage (EHV) and high voltage (HV) cable
applications, as well as medium voltage (MV) and low voltage (LV= energy
transmission and distribution cables, building wires, and communications
cables. In answer to the need for production, installation and cable-system
lifetime enhancements, we create the innovation links that secure
world-class, step-changing solutions and benefit the whole wire and cable
value chain.
Borouge and Borealis are committed to the principles of Responsible Care®
and proactively contribute to addressing the world’s water and sanitation
challenges through their Water for the World™ initiative.
Borealis: www.borealisgroup.com
Borouge: www.borouge.com
Water for the World: www.waterfortheworld.net
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