February 24, 2021

Operations during the COVID-19 pandemic, update 24 February 2021

Borealis keeps employing stringent health and safety measures to prevent spread of COVID-19 while continuing to take steps to maintain economic stability

Borealis keeps employing stringent health and safety measures to prevent spread of COVID-19 while continuing to take steps to maintain economic stability.

This is a periodic update of our COVID-19 News. Read our previous publication here.

As a responsible company, we are continuing to take all steps within our possibilities to help stop the spread of COVID-19 and protect our employees and business partners while proceeding with our measures to maintain economic stability. Ensuring a safe work environment for our people is, and always will be, our top priority.

“Thanks to our safety culture, the agile mind-set of our organisation, and the dedication of all our staff we managed to continue operations in all of our production locations throughout the entire year, without having to implement mitigating actions like short-time work. Once again, I would like to thank all our people for their dedication and continued support,” comments Alfred Stern, Borealis CEO. “The COVID-19 pandemic has demonstrated the importance of the Borealis product portfolio for more sustainable living. We are convinced that Borealis is in a strong position to take advantage of the opportunities for recovery that the post-pandemic economy will provide by maintaining our commitment to being the leading provider of sustainable chemical and innovative plastic solutions that create value for society.”

In 2020, Borealis delivered solid financial results in a volatile market environment. We are well positioned to remain a strong partner for our customers and all other stakeholders during these exceptionally challenging times. We continue to proactively monitor and review developments and data in order to adapt our plans and mitigate the impact on our people and business.

All our production locations and warehouses continue to maintain operations. We continue to work closely with our customers, suppliers and value chain partners to proactively manage supply chain risks. As a global company with a strong local presence, we have prioritised a series of mitigating actions to reduce the risk of potential supply chain disruptions. We are also encouraging our value chain partners to reach out to us proactively via their direct contacts at Borealis to enable us to refine these mitigating actions.

We continue with our priorities of health and safety followed by business continuity, always in closed alignment with the respective government guidelines of each country and region. Work scenarios are continuously being re-evaluated for all our locations individually with a risk assessment by the Borealis Location Leadership Teams, and our Health, Safety & Environment and HR organisation.

We will continue to provide regular updates and information by way of our established channels. In case of questions, don’t hesitate to reach out to your direct contact at Borealis, or via these contact forms.

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Disclaimer: To the best of our knowledge, the information contained herein is accurate and reliable as of the date of publication. Borealis is working diligently to avoid any supply chain interruptions and aims to be as proactive as possible in resolving unforeseen issues.

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