Back to News

Borealis invests EUR 36 million to increase Nordic olefins capacity

Borealis today announced it will invest EUR 36 million in expanding its olefins unit in Porvoo, Finland for completion during a planned turnaround in 2007.

With this investment, ethylene capacity will increase from 330,000 tonnes per year to 380,000 tonnes per year and propylene capacity from 200,000 tonnes per year to 223,000 tonnes per year. This investment strengthens Borealis' market position and competitiveness in the Nordic countries and Russia.

Staffan Lennström, Borealis Executive Vice President Hydrocarbons, commented on the investment by saying, "this strengthens Borealis' olefins platform in the Nordic region and the integration upstream as well as downstream to our polyolefins and phenol plants."

This expansion project also takes safety into consideration as well as the impact on the environment. There will be several changes made which will improve the energy efficiency of the operations. The consumption of steam and electricity will decrease about 4% per production tonne. In addition, the VOC emissions from the olefins plants will decrease. Process safety of the plants will be improved with the installation of new equipment based on new technology.

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

Latest News

Media Release – 07/12/2022

Borealis and Eneco sign new power purchase agreement (PPA) for renewable electricity from offshore wind farm Seastar, part of the SeaMade complex

Read more

Media Release – 22/11/2022

Borealis and VERBUND erect new photovoltaic park to supply power to Borealis operations in Schwechat, Austria

Read more

Media Release – 08/11/2022

Borealis and YILDIRIM announce binding agreement for YILFERT to launch mandatory takeover bid, followed by a squeeze out for Rosier SA

Read more

Media Release – 31/10/2022

Borealis appoints Britta Warnke as Vice President Mobility & Advanced Products

Read more

Media Release – 27/10/2022

Borealis renews its partnership with leading educational and social organisations in the UAE

Read more

Media Release – 19/10/2022

Borealis advances plastics circularity with the first-of-its-kind Borcycle™ M commercial-scale advanced mechanical recycling plant

Read more

Media Release – 19/10/2022

Borealis unveils its new CO2e emissions calculation tool Neoni at the K 2022

Read more

Media Release – 19/10/2022

Borealis announces launch of the Borstar® Nextension Technology, a step change for performance-based polyolefins

Read more

News – 19/10/2022

Borealis and Borouge partner to drive the circular transformation of the polyolefins industry, unveiling game-changing products, technologies, partnerships & investments on the theme of ‘Innovate, Collaborate, Accelerate’ at K Fair 2022

Read more