Back to News

Borealis to invest EUR 65 million in Porvoo Borstar PE plant

Borealis Borstar PE2 plant in Porvoo, Finland

© Borealis

Borealis, a leading provider of innovative solutions in the fields of polyolefins, base chemicals and fertilizers, has announced a major upgrading project at its production site in Porvoo, Finland. An investment of EUR 65 million will serve to upgrade the Borstar PE2 plant technology to the third generation (3G), thereby extending the Borstar PE platform. This investment follows on the heels of one announced earlier this year, namely the EUR 25 million investment in the installation of a new hot oil heater unit at the phenol complex of the Porvoo plant.

Borstar® is the cutting-edge technology which supports the production of a wide range of enhanced polyethylene (PE) and polypropylene (PP) products. With this most recent investment, Porvoo will be able to commercially exploit this proprietary technology at an even higher level by offering improved product properties as well as a broader operating window.

In over forty years of operation, Porvoo's six production plants have earned an excellent reputation for reliability and efficiency. While providing manufacturing services with the production of PE and PP, Porvoo benefits from the close proximity to the Nordic markets and is ideally situated to serve the Russian and Eastern European industrial markets. Porvoo is also the site of one of Borealis' three Innovation Centres, the Porvoo Innovation Centre (the other two are the International Innovation Headquarters in Linz, Austria and the Swedish Innovation Centre in Stenungsund). In line with the Borealis Value Creation through Innovation strategy, this latest investment in Porvoo will significantly enhance the location's standing as a hub for catalyst and process research, up-scaling and demonstration.

"The Porvoo upgrade project is a sign of our commitment to further developing our proprietory Borstar® technology, which is a cornerstone of our polyolefins success, and the establishment of one of the most modern fleets in Europe," says Mark Garrett, Borealis Chief Executive. “It signals our dedication to European locations as well as the markets and customers they serve."

END

For further information please contact:

Kerstin Meckler, Director Communications
Tel. +43 (0)1 22 400 389 (Vienna, Austria)
e-mail: kerstin.meckler@borealisgroup.com 

Borealis Borstar PE2 plant in Porvoo, Finland

© Borealis

Downloads
Borealis to invest EUR 65 million in Porvoo Borstar PE plant English, German
Borealis Borstar PE2 plant in Porvoo, Finland © Borealis
Media Contact
Virginia Wieser
Senior Manager, Corporate Communications, Brand & Reputation
+43 1 22 400 772
media@borealisgroup.com

Latest News

Media Release – 20/09/2022

Borealis appoints Jonatas Melo as Vice President Performance Materials

Read more

Media Release – 15/09/2022

On presents the first ever shoe made from carbon emissions in partnership with LanzaTech, Borealis and Technip Energies

Read more

News – 18/08/2022

Borealis to retender the majority of contracts for PDH construction site in Kallo, Belgium, after termination of all contracts with IREM

Read more

News – 04/08/2022

Borealis suspends construction in Kallo after serious allegations against contractor and continues to support Belgian authorities in investigation

Read more

News – 01/08/2022

Borealis prolongs stand-still for its Propane Dehydrogenation (PDH) plant construction site in Kallo, Belgium

Read more

Media Release – 27/07/2022

Borealis suspends contract with IREM-Ponticelli and declares a three-day stand-still for its construction site in Kallo, Belgium

Read more

Media Release – 21/07/2022

Borealis announces the start-up of New Ethane Cracker at its Joint Venture Baystar in Port Arthur, Texas

Read more

Media Release – 14/07/2022

Borealis appoints Sandra Mueller as General Counsel and Vice President Legal and Compliance

Read more

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