Back to News

Borealis’ position on the War in Ukraine

The war in Ukraine confronts us all with a complex geopolitical situation. We are deeply saddened by the humanitarian tragedy and suffering, our thoughts are with those whose lives are threatened by the terrible war. The war in Ukraine is a tragic and dangerous event which we view with the utmost consternation. Our deepest sympathies go out to all the direct and indirect victims of Russia’s military action. We call for the end of all hostilities, the bloodshed has to stop.

Borealis’ management is closely following the developments around the war in the Ukraine and the sanctions that have been put in place. Considering these developments, Borealis is re-evaluating its business transactions with Russia, in compliance with all applicable laws including, where relevant, US, UK and EU sanctions.

As a company, our key priorities are and remain to ensure the safety of our people while maintaining business continuity. We are in direct contact with our customers to keep them informed on a regular basis.

For the time being we have decided to stop sales to Russia and Belarus. Sales volumes are being redirected to Western Europe.

We are implementing measures required to ensure the stability in procurement of materials for Borealis' production sites. We are phasing out sourcing from Russia and Belarus, shifting to sources from the West.

END

Related News

Media Release – 01/02/2023

Borealis appoints Stefan Toader as Vice President Reliability, Turnarounds and Projects

Read more

News – 23/01/2023

About the Kallo Case

Read more

News – 19/01/2023

Borealis ranked second as Austria’s Leading International Company

Read more

Media Release – 19/01/2023

Borealis Borcycle™ C chemical recycling provides circular solutions for crosslinked polyethylene for the Wire & Cable and Infrastructure sectors

Read more

Media Release – 17/01/2023

Borealis demonstrates commitment to the highest sustainability standards with ISCC PLUS certification for Ecoplast site

Read more

Media Release – 12/01/2023

Borealis acquires a majority stake in Renasci signalling on-going commitment to leading the transformation to a circular economy

Read more

Media Release – 02/01/2023

Borealis and YILDIRIM announce completion of the sale of Borealis’ shareholding in Rosier SA to YILDIRIM Group’s YILFERT Holding

Read more

Media Release – 19/12/2022

Borealis and VERBUND sign first long-term hydropower PPA to supply Borealis operations in Schwechat, Austria as of January 2023

Read more

News – 14/12/2022

The Design for Recycling challenge in Healthcare

Read more