Borealis news feed

Profit above expectations but below previous year despite ongoing soft polyolefins market and Borouge turnaround

Thu, 16 May 2013 08:00:00 GMT

Borealis announces a net profit of EUR 61 million compared to EUR 140 million in the same quarter in 2012. The decrease in net profit was a result of lower sales volumes and profits in its joint venture, Borouge, due to a planned turnaround for routine maintenance, as well as soft market conditions for the European Polyolefins business.

Borealis Social Fund to donate AED 4 million to Emirates National School and UAE Disabled Sports Federation

Mon, 22 Apr 2013 08:00:00 GMT

Borealis Social Fund to donate AED 4 million to Emirates National School and UAE Disabled Sports Federation

Borealis customers see clear benefits in upgrade to RJ901MO

Thu, 07 Mar 2013 09:00:00 GMT

Borealis is offering tangible cost and performance-related benefits to its customers in the rigid packaging market thanks to the improved properties of its superior flow random copolymer polypropylene (PP) RJ901MO.

Borealis acquires DEXPlastomers in Geleen

Mon, 04 Mar 2013 09:00:00 GMT

Borealis announced today that it has acquired DEXPlastomers VOF in Geleen, The Netherlands, from DSM Nederland BV and ExxonMobil Benelux Holdings BV.

Borealis continues to deliver strong results in 2012 despite a volatile market environment

Mon, 25 Feb 2013 09:00:00 GMT

Borealis announces a net profit of EUR 100 million in the fourth quarter of 2012, compared to EUR 58 million in the same quarter of 2011. The company recorded a net profit of EUR 480 million in 2012, compared to EUR 507 million in 2011.

Borealis and Borouge promote surface aesthetics solutions for global automotive market at VDI 2013

Thu, 14 Feb 2013 09:00:00 GMT

Borealis and Borouge have developed material solutions for some of the important challenges that the global automotive industry is facing.

Borealis offers to acquire all outstanding shares of TOTAL affiliate GPN SA

Wed, 06 Feb 2013 09:00:00 GMT

Borealis has made a firm offer to TOTAL to purchase all outstanding shares of GPN SA, France’s largest nitrogen fertilizer manufacturer.

Borealis has made a firm offer to TOTAL for its majority interest in Belgium’s Rosier SA

Wed, 06 Feb 2013 09:00:00 GMT

Borealis has made a firm offer to TOTAL for its entire 56.86% interest in Belgium’s Rosier SA, listed on NYSE Euronext Brussels.

Borealis announces new European investments

Wed, 30 Jan 2013 09:00:00 GMT

Borealis announces two major investment projects in its European manufacturing plants in Stenungsund, Sweden and Porvoo, Finland. The investments, with a combined expenditure in excess of EUR 45 million, will strengthen Borealis’ regional supply and support capabilities, in line with its Value Creation through Innovation strategy.

Water for the World™: Building on 5 years of partnership

Tue, 08 Jan 2013 09:00:00 GMT

Since its launch in 2007, Water for the World has directly improved access to water for about a quarter million people and the number of people indirectly impacted is well over 1 million.

Borealis increases polyethylene and polypropylene prices

Fri, 21 Dec 2012 09:00:00 GMT

Borealis increases polyethylene and polypropylene prices

Borealis and Borouge are the principal sponsors of inaugural International Water Summit in Abu Dhabi

Wed, 19 Dec 2012 09:00:00 GMT

Borealis and Borouge have confirmed their commitment to water sustainable solutions by announcing their principal sponsorship of the inaugural International Water Summit taking place alongside the World Future Energy Summit in Abu Dhabi, UAE from January 15–17, 2013.

Herbert Willerth receives Grand Decoration of Honour in Silver for Services to the Republic of Austria

Fri, 23 Nov 2012 09:00:00 GMT

On November 14, 2012 the Grand Decoration of Honour in Silver for Services to the Republic of Austria was conferred upon Herbert Willerth, Deputy Chief Executive Officer of the Borealis Group.

Borealis’ third quarter results improve in a continuously challenging market

Fri, 16 Nov 2012 09:00:00 GMT

Borealis recorded a net profit of EUR 129 million for the third quarter of 2012 compared to EUR 107 million in the same quarter in 2011. Overall, the company has delivered a net profit of EUR 380 million year to date, compared to EUR 448 million during the same period in 2011. Net debt was reduced by EUR 63 million in the third quarter of 2012, resulting in a gearing of 41%.

Borealis to acquire DEXPlastomers

Mon, 12 Nov 2012 07:15:00 GMT

Borealis announced today that it has reached an agreement to acquire the shares of DSM Plastomers B.V. and Exxon Chemical Holland Ventures B.V., each holding a 50% interest in DEXPlastomers V.O.F. in Geleen, The Netherlands, from DSM Nederland B.V and ExxonMobil Benelux Holdings B.V. DEXPlastomers is a 50/50 Joint Venture ultimately owned by Royal DSM and ExxonMobil Chemical Company.

Borealis next generation Borpact™ SH950MO grade innovation takes on frozen food packaging sector

Tue, 06 Nov 2012 09:00:00 GMT

Borealis is offering a step-up in performance and processing sustainability to the frozen food packaging sector with the launch of next generation transparent polypropylene grade Borpact™ SH950MO.

Borealis and Borouge are making everyday life easier at Plast Eurasia 2012

Wed, 31 Oct 2012 10:00:00 GMT

Borealis and Borouge will bring to life exciting possibilities to address the sustainability, processing and end-use performance challenges of Eurasia's manufacturing sectors at Plast Eurasia 2012 in Istanbul.

Borealis and Nexeo Solutions join forces to distribute Bormed™ materials in North America

Tue, 09 Oct 2012 08:00:00 GMT

Borealis and Nexeo Solutions announced today that they have signed a distribution agreement to offer Bormed™ products, dedicated to healthcare applications in North America.

Borealis and Borouge highlight innovative material solutions and expertise for global automotive market at SPE® Automotive TPO Conference

Tue, 18 Sep 2012 08:00:00 GMT

To demonstrate their commitment to the North American automotive industry, Borealis and Borouge will attend the Society of Plastics Engineers (SPE®) Automotive TPO Global Conference in Detroit.