Company Releases

23.12.2011 -  Borealis increases polyethylene and polypropylene prices
Borealis announces that it will increase all polyethylene and polypropylene prices by EUR 100/tonne for January, 2012.

15.12.2011 -  Borealis Social Fund promotes pupils, students and research programmes in plastics engineering
With its Borealis Social Scholarship Programme, Borealis ensures the sustained promotion of pupils, students and international research programmes years into the future. Long-term contracts have now been signed with the Johannes Kepler University Linz and the TGM Vienna (School of Technology) along with the GFKT - Society for the Advancement of Plastics Technology.

25.11.2011 -  Borealis made offer to acquire PEC-Rhin from GPN
Borealis has made a firm offer to GPN to acquire PEC-Rhin in its entirety

10.11.2011 -  Borealis Schwechat celebrates 50 years of polypropylene production
In October, Borealis celebrated an important anniversary with the 50th anniversary of polypropylene (PP) production at its Schwechat location.

28.09.2011 -  IPIC and Borealis renew Al Jazira football team sponsorship for another season
The International Petroleum Investment Company (IPIC) and Borealis have renewed their exclusive sponsorship contract of the Al Jazira Club in Abu Dhabi, UAE, starting with the upcoming 2011-2012 football season.

28.09.2011 -  Borealis donates AED 1 million to the Family Development Foundation in Abu Dhabi
Borealis has decided to donate AED 1 million to the Family Development Foundation (FDF) based in Abu Dhabi, UAE.  Established in 2008, the Borealis Social Fund was created to support social projects in the Middle East, Asia and Europe.

11.07.2011 -  Borealis announces new leadership in its Film & Fibre and Moulding Business
Borealis announces the appointment of Rainer Höfling, as Vice President Business Unit Moulding as of July 1, 2011 following Thierry Chevrier who has been appointed Vice President for the Business Unit Film & Fibre, effective July 1, 2011.

04.07.2011 -  Wim Roels appointed new CEO of Borouge Pte
Borealis announces the appointment of Wim Roels to lead Borouge Pte, the Marketing Company of Borouge, a joint venture between Borealis and ADNOC.

27.06.2011 -  Borealis further expands its Base Chemicals business into Bulgaria
Borealis is extending its network with the opening of a new subsidiary in the Bulgarian capital, Sofia, Linzer Agro Trade

22.06.2011 -  Borealis to close two melamine low pressure plants in Linz – availability and quality are secured
Borealis has decided to shut down two melamine low pressure plants with an overall capacity of 30 kilotonnes (kt) per year at its site in Linz, Austria.

19.04.2011 -  Borealis invested EUR 7.8 Mio in new butane storage cavern in Stenungsund, Sweden
Borealis invested EUR 7.8 million to convert a naphta cavern to butane use in its Stenungsund steam cracker plant. The new cavern is by far the largest in Europe and will further optimise the plant’s feed flexibility.

12.04.2011 -  Borealis donates AED 3.5 million to the Abu Dhabi community
Borealis announced the donation of AED 1.5 million to Emirates National School and AED 2 million to Zayed Higher Organisation for Humanitarian Care, Special Needs. The Borealis Social Fund was created to support social projects in the Middle East, Asia and Europe.

24.03.2011 -  Italian study on agricultural irrigation practices highlights major potential for step-change
Overhaul of agricultural water supply could save EUR 17 billion in Italy alone according to recent study sponsored by Borealis together with a group of leading companies.

23.03.2011 -  American Environmental Scientist receives 2011 Stockholm Water Prize
Co-founders of the Stockholm Water Prize, Borealis and Borouge, are pleased to share the announcement of Stephen R. Carpenter, Professor of Zoology and Limnology at the University of Wisconsin-Madison, for his groundbreaking research on lake eco-systems.

21.03.2011 -  Borealis’ donation to Emirates Foundation for Philanthropy supports water research projects
Borealis announced that the AED 500,000 contribution made to the Emirates Foundation for Philanthropy in November 2010 will be used to support two environmental research projects, particularly water sustainability initiatives, across the UAE.

08.03.2011 -  Borealis celebrates groundbreaking of new semi-commercial catalyst plant in Linz
On March 8, Borealis celebrates the groundbreaking of a new semi-commercial plant for catalysts in Linz, Austria. With a total investment of approximately EUR 75 million the company is further expanding its innovation capabilities in plastics.

02.02.2011 -  Borealis Innovation Award recognises outstanding achievement of Borouge 2 start-up team
Borealis recognises the outstanding performance of the Borouge 2 start-up project team with a Borealis Innovation Award in the category cross functional co-operation.

25.01.2011 -  Borealis Student Innovation Award 2010 Recipients Announced
Borealis has selected the 2010 recipients of its Borealis Student Innovation Award.