Borealis and Borouge present industry leading technologies backed by state-of-the-art production platform at Wire 2010

03.02.2010

Customer-focused innovations and investments will take centre stage at the stand of Borealis and Borouge, the world’s leading providers of innovative, value creating plastics solutions for the wire and cable industry, at Wire Dusseldorf 2010.

Their industry-leading technologies for High Voltage (HV), Extra High Voltage (EHV), and Direct Current (DC) applications will be among the developments featured at Stand 10D72 from April 12-16, 2010.

Wire and cable customers can look forward to this year’s start-up of Borealis’ new 350,000 t/y high pressure low density polyethylene (LDPE) plant in Stenungsund, Sweden, and modernisation and streamlining of associated facilities at the plant. The security of supply guaranteed by Borealis’ EUR 400 million investment strengthens the company’s ability to deliver advanced materials worldwide.

The completion of Borealis’ new pilot cable line at the Borealis Innovation Centre in Stenungsund, Sweden, further reinforces its commitment to support customers innovation. The new line enables manufacturing of various cable constructions for electrical tensions up to 35 000 volts and will shorten the lead time for wire and cable product development. The Stenungsund Innovation Centre is Borealis' competence centre for wire and cable product development.

Industry demand for reliable EHV, HV and DC cross-linked PE (XLPE) power cables continues to grow. Borealis and Borouge will highlight their unique core technologies for these applications, which are backed by unparalleled track record and experience. Products designed to reduce production costs and complexity while ensuring that end-users receive the most reliable cables will also be presented to Wire 2010 visitors.

Advances in Supercure™ XLPE cable insulation technology will be showcased alongside low voltage Visico™/Ambicat™ insulation, and the complete line of pioneering insulation and jacketing products from the Borcell™, Borstar® and Casico™ ranges.

“Focusing our investment strategy on developing products and manufacturing capability that drive our customers’ success is fundamental to our added-value relationship with our customers,” comments Marc Hubert, Borealis’ Vice President for Wire and Cable. “By working closely with customers we can respond directly to the market’s needs for cable production and cable-system performance enhancements with step-change technological solutions that make a real difference. Wire 2010 presents a valuable opportunity to get even closer to the industry’s latest issues and challenges to ensure we add value where it is most needed.”

Borealis and Borouge bring more than 40 years experience in providing consistently high-quality polyolefin compounds to the wire and cable industry and are the world leader in this market segment.

For further information please contact:

Kerstin Meckler
Head of Communications, Borealis
Vienna, Austria
+43 1 22 400 389
kerstin.meckler@borealisgroup.com

Borealis is a leading provider of chemical and innovative plastics solutions that create value for society. With sales of EUR 6.6 billion in 2008, customers in over 120 countries, and 5,400 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 centers and customer service centers 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 4.4 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.

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.

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