One of the key achievements of COP28 was an agreement to triple renewable capacity in the power sector by 2030. Achieving this target will require significant infrastructure development—particularly, an expansion of the network of high-voltage transmission cables that carry power from offshore wind farms and other renewable energy sources over vast distances to where it is needed.
Borealis and Borouge are united in their dedication to supporting the shift to renewable energy sources. With their long history of partnership to the global wire and cable industry, they stand ready for this challenge.
At wire Düsseldorf 2024, they are showcasing a range of next-generation insulation and jacketing solutions—advanced compounds that are set to enable longer, more efficient, and more resilient cable systems, while also enhancing sustainability and remaining cost-effective. One example is Borcycle™ ME7153SY, a first-of-its-kind circular jacketing solution that delivers consistent, outstanding performance, while minimizing environmental impact.
In addition, the parties have recently announced significant investments aimed at expanding their global production capacity and product offering. These steps underline their commitment to meeting the current and future needs of the energy industry.
Borealis and Borouge increase capacity of Ruwais facility to serve growing demand in Asia and the Middle East
Borealis has recently announced to co-invest with ADNOC in a 100,000 metric tons capacity expansion at Borouge’s facility in Ruwais, Abu Dhabi. The plant produces cross-linked polyethylene (XLPE) compounds based on Borealis’ propriety Borlink™ technology. The expansion will support the parties to address the growing demand for wire and cable compounds across Asia and the Middle East. The project is set to be finished by the end of 2025.
Upgrade to Borealis’ semicon compounding assets in Antwerp nears completion
Borealis is nearing the completion of a major upgrade to its semicon compounding assets in Antwerp (BE)—part of a EUR 200 million investment in its XLPE and semicon assets in Antwerp and Stenungsund (SE). The expansion of the Antwerp facility is critical to meet strong demand for advanced semicon compounds for HVDC applications, particularly for global offshore wind and interconnector projects. It is set to be completed by the third quarter of 2024
Borealis cable products now manufactured by DYM
Since joining the Borealis group in 2020, DYM Solution Co Ltd (DYM), based in South Korea, has played a crucial role in enhancing Borealis and Borouge's presence in Asia and the Middle East. Borealis has now begun to multi-source some of its products with DYM for manufacturing. One of the first products to be successfully multi-sourced is a Borealis cable solution, which has already been qualified by local cable producers.
Borealis strengthens North American operations with broadening of wire and cable offering at Baystar
Baystar, Borealis’ joint venture with TotalEnergies, will begin providing jacketing compounds, enhancing Borealis’ offering to the North American wire and cables industry. This marks a major milestone in Borealis’ geographical expansion strategy.
“By expanding our global asset base and investing in new market-leading products, we are underlining our commitment to the global wire and cable industry. Our investments are aimed at supporting our partners to lay a solid foundation for the future of energy,” Thomas Reutter, Borealis Vice President Product Asset Management and Supply Chain, Commercial Vice President Energy.
