Borealis and TotalEnergies Expand Petrochemical Venture with New Baystar Polyethylene Unit

Borealis and TotalEnergies Expand Petrochemical Venture with New Baystar Polyethylene Unit

(IN BRIEF) Borealis and TotalEnergies are celebrating the successful start-up of their joint venture, Baystar’s new Borstar® polyethylene (PE) unit in Pasadena, Texas. Representing a significant investment of USD 1.4 billion, this state-of-the-art unit, referred to as Bay 3, doubles the site’s production capacity, totaling over one million tons per year. The Borstar technology, licensed in North America for the first time, enables the production of advanced, sustainable polymers with value-added properties. These polymers support industries such as energy, infrastructure, and consumer products by allowing for light-weighting and the incorporation of post-consumer recycled materials. This expansion reinforces Borealis and TotalEnergies’ commitment to advanced and sustainable chemical solutions and establishes Baystar as a fully integrated U.S. petrochemical player.

(PRESS RELEASE) VIENNA, 4-Oct-2023 — /EuropaWire/ — Borealis and TotalEnergies celebrate the start-up of their Baystar joint venture’s new 625,000 metric ton-per-year Borstar® polyethylene (PE) unit, which more than doubles the current production capacity at Baystar’s site in Pasadena, Texas.

The new USD 1.4 billion unit completes the partners’ integrated petrochemicals venture, which includes the expanded Bayport PE facility, and the ethane cracker at the TotalEnergies Platform in Port Arthur, Texas.

The new PE unit, referred to as Bay 3, increases the Baystar site’s total production to over one million tons per year, which includes two legacy polyethylene production units. Bay 3 features the state-of-the-art proprietary Borstar® 3G technology licensed in North America for the first time. Borstar technology delivers advanced value-added polymers with enhanced sustainability by enabling light-weighting and the incorporation of greater amounts of post-consumer recycled materials in a variety of end products, serving the energy, infrastructure and consumer products industries.

“The arrival of Borealis’ proprietary Borstar technology in North America by way of Baystar marks, in line with our owners’ strategies, a crucial step for us in becoming a global leader in advanced and sustainable chemicals and material solutions,” said Borealis CEO, Thomas Gangl. “Expanding and deepening our footprint through Baystar enables us to better serve customers and partners by offering improved access to Borstar based products produced right here in North America.”

“After the inauguration of the ethane cracker unit in Port Arthur last year, the start-up of the new PE unit is the second milestone of this joint venture aimed at establishing Baystar as a fully integrated U.S. petrochemical player. The fruition of this venture also advances TotalEnergies’ ambition to grow in the United States,” said Bernard Pinatel, President, Refining & Chemicals, TotalEnergies.

About Borealis
Borealis is one of the world’s leading providers of advanced and sustainable polyolefin solutions. In Europe, Borealis is also an innovative leader in polyolefins recycling and a major producer of base chemicals. We leverage our polymer expertise and decades of experience to offer value-adding, innovative and circular material solutions for key industries such as consumer products, energy, healthcare, infrastructure and mobility.

With operations in over 120 countries and head offices in Vienna, Austria, Borealis employs around 6,000 people. In 2022, we generated a net profit of EUR 2.1 billion. OMV, the Austria-based international energy, fuels & feedstock and chemicals & materials company, owns 75% of our shares. The Abu Dhabi National Oil Company (ADNOC), based in the United Arab Emirates (UAE), owns the remaining 25%.

In re-inventing essentials for sustainable living, we build on our commitment to safety, our people, innovation and technology, and performance excellence. We are accelerating the transformation to a circular economy of polyolefins and expanding our geographical footprint to better serve our customers around the globe. Our operations are augmented by two important joint ventures: Borouge (with ADNOC, headquartered in the UAE); and Baystar™ (with TotalEnergies, based in the US).
www.borealisgroup.com | www.borealiseverminds.com

Borstar is a registered trademark of Borealis AG

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SOURCE: Borealis AG