Borealis’ third quarter results improve in a continuously challenging market

19-Nov-2012 - Borealis, a provider of chemical and innovative plastics solutions, recorded a net profit of EUR 129 million for the third quarter of 2012 compared to EUR 107 million in the same quarter in 2011. Overall, the company has delivered a net profit of EUR 380 million year to date, compared to EUR 448 ...

Borealis scientist honoured with Giulio Natta Award 2012

23-May-2012 - Dr. Peter Denifl, the mastermind behind Borealis’ new polyolefin catalyst technology, Sirius, has been awarded the Giulio Natta Award for 2012. The accolade recognises the significant contribution of Peter Denifl’s scientific activity in catalyst development, in the field of polypropylene ...

Borealis Student Innovation Award 2011: recognising high quality olefins and polyolefins theses of outstanding students

25-Jan-2012 - Borealis, has announced the winners of its 2011 Borealis Student Innovation Awards. On January 19, 2012 Alfred Stern, Borealis Senior Vice President Innovation & Technology, presented Rana Qudaih and Dr. Said Mehdiabadi with their awards, certificates and monetary prizes at the Lentos Kunstmuseum ...

Borealis Student Innovation Award 2010 Recipients Announced

27-Jan-2011 - Borealis has selected the 2010 recipients of its Borealis Student Innovation Award. The award recognises the most innovative research papers on polyolefins, olefins or melamine for master’s and doctorate degree students. The winners were presented with an award, certificate and monetary prize at ...

Borealis delivers solid third quarter results

Borouge 3 expansion project in Abu Dhabi on track

09-Nov-2010 - Borealis announced a net profit of EUR 54 million for the third quarter of 2010. The result exceeds the performance in the third quarter of 2009 by 15%, although profitability reduced from the second quarter of 2010 largely due to the impact of start-up and turnaround activities. The net debt ...

Borealis Supervisory Board appoints Markku Korvenranta as Executive Vice President for Base Chemicals

24-Sep-2010 - Borealis has appointed Markku Korvenranta as Executive Vice President for Base Chemicals. He succeeds Gerd Löbbert who assumes responsibility for the Polyolefins Business Group. Both changes will be effective on October 1, 2010. Markku Korvenranta has over 20 years of experience with Borealis ...

Gerd Löbbert appointed Borealis Executive Vice President for Polyolefins

09-Sep-2010 - Borealis announced the move of Gerd Löbbert from his current position as Executive Vice President for Base Chemicals to the position of Executive Vice President for Polyolefins, effective October 1, 2010. Lorenzo Delorenzi, currently Executive Vice President for Polyolefins has decided to leave ...

Borealis results continue to improve in the second quarter of 2010 in an ongoing volatile economic environment

16-Aug-2010 - Borealis announced a net profit of EUR 92 million for the second quarter of 2010, a further improvement compared to EUR 54 million in the first quarter of this year as well as versus the second quarter of 2009 when Borealis recorded a net profit of EUR 35 million. Net debt decreased during the ...

Borouge signs major contracts valued at US$ 2.6 billion to advance its strategic Borouge 3 expansion

06-Jul-2010 - Borouge, a joint-venture between the Abu Dhabi National Oil Company (ADNOC) and Borealis, formally signed three major Engineering, Procurement and Construction (EPC) contracts valued at approximately US$ 2.6 billion for its Borouge 3 strategic expansion in Ruwais, Abu Dhabi, in the UAE. The ...

Borealis sets investment milestones for the development of its Porvoo location

01-Jul-2010 - Borealis strengthens its long-term commitment to the production site in Porvoo, Finland with a 10 year contract with Neste Oil to supply feedstock and further investment in the site’s innovation capabilities. The contract between Neste Oil and Borealis covers all feedstock and product streams ...