Borealis was formed in 1994 through the merger of Statoil and Neste. The Latin word "Borealis" means "from the north" and reflects the company's early ties to the Nordic region. The first Borealis head office was located in Copenhagen, the capital of Denmark. Over the years, Borealis has developed from its early Nordic roots to an international company with a strong presence primarily in Central Europe and the Middle East. Since 2006, its headquarters have been in Vienna, the capital of Austria.
Operations during the COVID-19 pandemic, update 24 February 2021
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Borealis invests EUR 17.6 million to lower CO2 emissions, energy consumption, and flaring at plant in Finland
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The New Year brings new power to Stenungsund, Sweden: ten-year power purchase agreement for wind signed by Borealis, Gasum and Stena Renewable
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Thomas Gangl appointed new Borealis CEO as of 1 April 2021
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