Products
Downloads
Locations / Sites
Contacts
Download list
Back to News

Borealis invests EUR 90 million to further develop its polypropylene business

Borealis, a leading provider of innovative, value creating plastics solutions, will invest EUR 25 million to expand the capacity of its PP plant in Porvoo, Finland, by 65,000 tonnes per annum (tpa) to 220,000 tpa by the end of 2008. The increased capacity will meet rapidly growing customer demand for innovative plastics solutions in the pipe and advanced packaging markets and better supply the developing Russian market.

Borealis will also invest EUR 35 million to create a four-reactor configuration at its Borstar® PP plant in Schwechat, Austria, to support the production of superior materials that meet the needs of the automotive, pipe and advanced packaging industries. The plant is well positioned to take advantage of the expanding automotive markets in Central and Eastern Europe. The additional gas phase reactor will be operational during 2009.

In addition, Borealis will invest EUR 30 million in a four-reactor Borstar® PP pilot plant at Schwechat that will strengthen the company's ability to readily develop innovative, advanced multimodal PP solutions. The pilot plant will be completed in 2009.

"We are increasing our capacity in Europe to be able to provide an exciting range of polypropylene solutions for the infrastructure, automotive and advanced packaging markets," says David Rolph, Borealis Executive Vice President Polyolefins. "Our strategy is Value Creation through Innovation and these additions to our asset capability will provide advantages for the entire value chain."

Wim Roels, Borealis Vice President Innovation & Technology comments: "In addition to these asset investments in polypropylene, the ongoing investment in innovation centres and polymer expertise demonstrates our commitment to maintain our leadership position for the benefit of our customers."

Borealis recently announced that it is expanding its plant at Burghausen in Germany to manufacture 330,000 tpa Borstar® PP.

END

Downloads
Borealis invests EUR 90 million to further develop its polypropylene business English
Media Contact
Virginia Mesicek
External Communications Manager

Latest News

Media Release – 11/12/2018

Lucrèce Foufopoulos - De Ridder appointed as Borealis Executive Vice President Polyolefins and Innovation & Technology

Read more

Media Release – 06/12/2018

Borealis increases PP capacity in Europe; strengthens commitment towards European customer base

Read more

Media Release – 05/12/2018

Thinking circular, Borealis launches EverMinds™: a new communication platform dedicated to circular economy solutions

Read more

Media Release – 29/11/2018

Borealis issues inaugural rated corporate bond

Read more

News – 13/11/2018

​Borealis Annual Report 2017 honoured with Austrian Sustainability Reporting Award (ASRA) 2018 in the category of first GRI report

Read more

Media Release – 31/10/2018

Borealis delivers a solid quarter, focusses on growth and further strengthens commitment to plastics recycling

Read more

Media Release – 30/10/2018

Project STOP: Scale-up commitment and next city partnerships announced at Our Ocean Conference 2018 in Bali, Indonesia

Read more

Media Release – 29/10/2018

Borealis signs agreement to acquire a controlling stake in South Korean compounder DYM Solution Co. Ltd

Read more

Media Release – 29/10/2018

Borealis supports Global Commitment to Eliminate Plastic Pollution at the Source and Commits to more than Quadruple its Recycled Plastics Volume by 2025

Read more