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
Group Media desk
Virginia Wieser, Lena Lehner
+43 1 22 400 899 (Vienna, Austria)
media@borealisgroup.com

Latest News

Media Release – 27/09/2023

Borealis appoints Britta Warnke Vice President Energy and Shanila Baseley Vice President Mobility and Advanced Products as of 1 September 2023

Read more

Media Release – 26/09/2023

Executive Vice President Lucrèce Foufopoulos-De Ridder to leave Borealis

Read more

Media Release – 18/09/2023

New Material Recovery Facility Opened in Banyuwangi Under Project STOP’s Expansion Program

Read more

News – 31/08/2023

All Borealis polyolefin and polyolefin compounding sites in Europe ISCC PLUS certified

Read more

Media Release – 04/08/2023

Project STOP Jembrana Hands Over the Program to the Local Government

Read more

Media Release – 14/07/2023

Borealis Scientific Innovation Award open for submissions

Read more

News – 13/07/2023

Borealis supports program to restore drinking water infrastructure in Beira, Mozambique after Cyclone Idai

Read more

Media Release – 11/07/2023

Borealis completes Stenungsund cracker furnace revamp, elevating plant to higher energy efficiency and process safety standards

Read more

Case Study – 05/07/2023

Borealis completes the sale of its nitrogen business to AGROFERT

Read more