Back to News

Borealis announces R$18 million investment in Brazil

Borealis, a leading provider of innovative, value creating plastics solutions, will invest R$ 18 million in the acquisition of a new extrusion line to enlarge its Itatiba (SP) plant. Borealis has two production units in Brazil located in Itatiba (SP) and Triunfo (RS). The investment, which will serve the automotive and appliances markets, will increase the polypropylene (PP) compounding capacity of the plant by 11,000 tonnes per annum and is due for completion in mid-2008.

According to José Sarmento, Managing director of the company, "This investment reflects the commitment of Borealis to the Brazilian market, and reflects our responsiveness to meet our customer's increasing requests for PP compounds in the automotive sector. In addition to serving the Brazilian market, we aim to enhance our service to customers in Argentina".

"For Braskem, as Borealis' joint venture partner in Brazil, these segments are important not only in terms of product volume but also for the high level of technical requirements, which opens new perspectives to the innovation developments carried out at the Technological Centre in Triunfo. Therefore, we are pleased with the investment in Itatiba as it will boost our R&D activities", explains Rui Chammas, PP Business Director of Braskem.

With an in depth understanding of the value chain and a focus on customer needs, Borealis provides innovative, value creating PP solutions with optimum performance for automotive and appliance applications.

END

Media Contact
Virginia Wieser
Senior Manager, Corporate Communications, Brand & Reputation
+43 1 22 400 772
media@borealisgroup.com

Latest News

Media Release – 24/06/2022

Project STOP celebrates major milestones achieved to stop waste leaking to the environment by creating a more circular waste management system in Indonesia

Read more

Media Release – 21/06/2022

Borealis is investing in global assets to satisfy future demand for high-quality Wire and Cable compounds

Read more

Media Release – 20/06/2022

Borealis and Borouge showcase sustainable Wire & Cable innovations at the WIRE 2022

Read more

Media Release – 15/06/2022

Borealis and EREMA Group provide a first glimpse of the topics, activities and highlights they will present in Düsseldorf

Read more

Media Release – 10/06/2022

Borealis Strategy 2030: Re-inventing Essentials for Sustainable Living

Read more

News – 30/05/2022

Borealis Innovation Award 2022 for the best HTL final papers

Read more

Media Release – 12/05/2022

Borealis and Reclay Group form new joint entity, Recelerate, to make plastic circularity a reality

Read more

Media Release – 06/04/2022

Borealis and Grabher partnership gives used FFP2 face masks another life

Read more

Media Release – 05/04/2022

Leading innovator Borealis again files record breaking number of international patent applications in 2021

Read more