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 a.i., External Communications

Latest News

News – 14/01/2020

HP Inc. Joins Project STOP to Keep Plastic Waste Out of the Environment

Read more

Media Release – 09/01/2020

Borealis to acquire NOVA Chemicals ownership interest in Novealis Joint Venture

Read more

News – 19/12/2019

Always ‘evermindful’, in all parts of the business

Read more

News – 15/11/2019

First Graduates of the Borealis MORE Grant

Read more

Media Release – 12/11/2019

Project STOP receives renowned ADIPEC Award

Read more

News – 08/11/2019

Borealis honoured with "Best Legal Department 2019"-Award

Read more

News – 06/11/2019

Borouge becomes a strategic partner of Project STOP

Read more

Media Release – 24/10/2019

Borealis becomes a Core Partner of the New Plastics Economy initiative led by the Ellen MacArthur Foundation

Read more

Media Release – 17/10/2019

ADNOC, Adani, BASF and Borealis sign Memorandum of Understanding to further evaluate collaboration for a chemical production complex in Mundra, India

Read more