Products
Downloads
Locations / Sites
Contacts
Download list
Back to News

Borealis and MCC agree to improve PP compound supply for the automotive industry

Borealis AG, a leading supplier of innovative value creating plastics solutions, and its U.S. subsidiary, Borealis Compounds LLC, have entered into manufacturing and supply agreements with affiliates of Mitsubishi Chemical Corporation (MCC) to improve the supply of polypropylene compounds (PP/CP) to the automotive industry in Europe and the United States. The agreements are intended to aid all companies in meeting demand and enhancing the competitiveness of their automotive customers, through localised production and supply of high quality, high-performance PP/CP materials.

High performance PP/CP materials are widely used in the production of exterior and interior automotive components, including bumpers, instrument panels, door trim panels and other interior applications, to meet the manufacturing performance, weight-saving and fuel reduction demands set by global automotive manufacturers.

Borealis will use its proprietary Borstar® technology to manufacture high performance, speciality polypropylene compounds in accordance with a formula developed by Mitsubishi Chemical Europe GmbH. This formula is licensed by Japan Polypropylene Corporation (JPP), a joint venture between MCC and Chisso Corporation.

Borealis Group and MCC Group both are well established in the global automotive industry in several regions. Borealis Group has PP/CP Facilities in Europe and Brazil (through Joint Ventures between Borealis AG and Braskem S.A.) and MCC Group has PP/CP Facilities in Japan, U.S.A., China, Thailand and India.

Mark Garrett, Borealis Chief Executive, states: "We are excited to be working with JPP in a way that brings us even closer to our international automotive customers. Automotive OEMs produce vehicles on global platforms. As material producers we must therefore have capacity to supply high quality, high performance PP/CP and provide best-in-class service to customers globally."

According to JPP President, Masahiro Abe: "We believe that the agreements with Borealis will further improve our ability to fulfil our customer's demand for polypropylene and will consolidate our position as a global supplier to the European automotive sector."

The manufacturing and supply agreement for PP/CP in Europe has been signed by Borealis AG (Vienna, Austria, CEO; Mark Garrett) and Mitsubishi Chemical Europe GmbH (Dusseldorf, Germany, CEO; Ryu Hasegawa, 100% owned by MCC).

The manufacturing and supply agreement for PP/CP in the U.S.A. has been signed by Mytex Polymers, U.S. Corporation (Jeffersonville, IN, U.S.A., CEO; Toshihiro Morimoto, 100% owned by MCC through a subsidiary) and Borealis Compounds, LLC (Port Murray, NJ, U.S.A., CEO; 100% owned by Borealis AG).

END

For further information please contact:

Kerstin Meckler, Borealis Group Media Relations Manager,
Tel. +43 1 22 400 389
kerstin.meckler@borealisgroup.com

Downloads
Borealis and MCC agree to improve PP compound supply for the automotive industry English
Media Contact
Virginia Mesicek
External Communications Manager

Related News

Media Release – 02/08/2018

Borealis records a strong first half year despite an ongoing challenging fertilizer market environment

Read more

Media Release – 30/07/2018

Borealis realises ambitious energy targets by cutting 5,000 tons of CO2 emissions every five days with the help of DNV GL

Read more

Media Release – 17/07/2018

Borealis to acquire Austrian plastics recycling company Ecoplast Kunststoffrecycling GmbH

Read more

News – 03/07/2018

Industry comes together at EREMA Discovery Days 2018: The Future of the Circular Economy – Innovative Technologies, Effective Strategies

Read more

Media Release – 28/06/2018

Borealis and Henkel cooperation produces plastic bottle and nozzle composed 100% of post-consumer recycled material

Read more

News – 21/06/2018

Henkel, APK, Borealis and Mondi are driving the circular economy of sustainable, flexible multilayer packaging

Read more

News – 19/06/2018

Borealis Innovation Award 2018 honouring the best diploma theses of TGM, school of technology Vienna

Read more

Media Release – 07/06/2018

Borealis and Borouge launch solar encapsulant film based on Borealis Quentys™

Read more

News – 29/05/2018

Polymers for Europe Alliance honors Borealis as best European polymer producer of HDPE and LDPE

Read more