Download list
Locations / Sites
Contacts
Login
Back to News

Restructuring initiatives announced for Borealis in Europe

Borealis announces that it will reorganize its manufacturing operations in Bamble, Norway, within the framework of lean manufacturing. The aim is to further increase our European asset competitiveness and profitability of the plant.

In addition, Borealis considers phasing out its research and development activities in Norway, and to focus and speed up its innovation capability in Austria, Finland and Sweden, as well as at the planned Borouge innovation center in Abu Dhabi, in the United Arab Emirates. This supports the expansion of Borealis' business towards the Middle East and Asia.

The company also intends to move its business management currently situated in Mechelen, Belgium, to its head office in Vienna, Austria. The consolidation of management in one location will improve coordination and effective implementation of the company's strategy.

"We are committed to our 'Value Creation through Innovation' strategy," confirms John Taylor CEO Borealis. "At the same we develop innovative, value creating plastics solutions together with our customers, we must continue to reduce complexity and improve our cost-competitiveness to achieve our full potential."

END

Media Contact
Virginia Mesicek
Senior Manager External Communications

Latest News

News – 24/02/2021

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

Read more

Media Release – 23/02/2021

Borealis invests EUR 17.6 million to lower CO2 emissions, energy consumption, and flaring at plant in Finland

Read more

Media Release – 11/02/2021

The New Year brings new power to Stenungsund, Sweden: ten-year power purchase agreement for wind signed by Borealis, Gasum and Stena Renewable

Read more

Media Release – 05/02/2021

Thomas Gangl appointed new Borealis CEO as of 1 April 2021

Read more

Media Release – 04/02/2021

Borealis delivers solid financial result for 2020 in a volatile market environment

Read more

News – 25/01/2021

Borealis signed on to the Global Plastic Action Partnership

Read more

Media Release – 14/01/2021

Borealis and TOMRA open state-of-the-art plant for post-consumer plastic waste sorting and advanced mechanical recycling

Read more

News – 13/01/2021

New LPG dual fuel Very Large Gas Carrier ordered for Borealis by IINO

Read more

Media Release – 15/12/2020

Newly commissioned Biostoom waste-to-energy plant delivers steam and electricity to Borealis in Beringen, Belgium

Read more