VIENNA, 07-Nov-2016 — /EuropaWire/ — Borealis, a leading provider of innovative solutions in the fields of polyolefins, base chemicals and fertilizers, announces a new round of support to leading social organisations in the UAE. Support will be made available through the Borealis Social Fund, which was founded in 2008 with the explicit aim of enhancing the social welfare of the communities in which Borealis operates.
AED 1 million each has been presented to the Emirates Foundation of Youth Development, the UAE Disabled Sports Federation, and the Emirates National Schools. Borealis Chief Executive Mark Garrett handed over cheques to the three organisations representatives at a ceremony held in Abu Dhabi on 1 November 2016.
“We are pleased to continue our support for the valuable work done by these organisations,” says Mark Garrett, Borealis Chief Executive. “It is gratifying for us at Borealis to see that while the specific programmes and activities may vary, the ultimate goals are aligned: active and constructive participation in our respective communities. Because the Borealis Social Fund was established to give back to the communities in which we operate, this alignment is an excellent measure of success.”
Borealis and the Emirates Foundation: a long-standing partnership
Working with partners from the private and public sector, the Emirates Foundation has developed and implemented a range of programmes and special projects for young people aimed at promoting social inclusion, community engagement, leadership and empowerment. The Foundation was established in 2005 as an independent philanthropic organisation by the Government of the Emirate of Abu Dhabi.
“Our ongoing partnership with Borealis and the support provided to us by the Borealis Social Fund helps drive the continued success of our youth-centred activities,” explains Clare Woodcraft, CEO of the Emirates Foundation. “Through these collaborations, we continue harnessing the energy of our young generation in a productive way, for the good of the greater community.”
UAE Disabled Sports Federation athletes compete at 2016 Paralympics
Established to promote better awareness of the special needs of the disabled and to encourage their active integration into society, the UAE Disabled Sports Federation provides support to athletes participating in a wide range of athletic disciplines. Federation athletes regularly compete in regional, national and international events. In September, they took part in the 2016 Paralympics in Rio de Janeiro, Brazil, where they won medals in the disciplines athletics, shooting, and power-lifting.
“A major milestone was reached with the participation of our athletes at the 2016 Paralympics,” says H.E. Mohammed M. Fadhel Al Hameli, Chairman of the UAE Disabled Sports Federation. “This achievement is not only attributed to us, but to Borealis who has been a supportive partner to the UAE Disabled Sports Federation, and this has helped making it possible for our UAE athletes to prove themselves on a world stage. We are indeed very proud of our athletes and their performance in Rio de Janeiro.”
Emirates National Schools and the Borealis Social Fund: working together to promote education through modern learning tools
Since 2002, the Emirates National Schools has offered world-class educational programmes from kindergarten through to grade 12 with the aim of preparing students for post-secondary studies. Approximately 9,200 students are enrolled in the 2016-2017 school year at one of five separate campuses sharing a common curriculum: Mohammed Bin Zayed City, Al Ain City, Abu Dhabi City, Sharjah and Ras Al-Khaimah.
“We appreciate the regular and generous support provided by the Borealis Social Fund,” says Dr Kenneth Vedra, Director General of the Emirates National Schools. “This year, the substantial means made available by Borealis have enabled us to invest in a specific technology used to deliver educational materials in Arabic to our schools.”
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Borealis is a leading provider of innovative solutions in the fields of polyolefins, base chemicals and fertilizers. With headquarters in Vienna, Austria, the company currently has around 6,500 employees and operates in over 120 countries. Borealis generated EUR 7.7 billion in sales revenue and a net profit of EUR 988 million in 2015. The International Petroleum Investment Company (IPIC) of Abu Dhabi owns 64% of the company, the remaining 36% belonging to OMV, an international, integrated oil and gas company based in Vienna. Borealis provides services and products to customers around the world in collaboration with Borouge, a joint venture with the Abu Dhabi National Oil Company (ADNOC).
Building on its proprietary Borstar® and Borlink™ technologies and more than 50 years of experience in polyolefins, Borealis and Borouge support key industries with a wide range of applications in the areas of energy, automotive, pipes, consumer products, healthcare, and advanced packaging.
The Borouge 3 plant expansion will make Borouge the world’s largest integrated polyolefins complex. Once fully ramped up in 2016, the additional 2.5 million tonnes of polyolefins capacity will yield a total Borouge capacity of 4.5 million tonnes, and a combined Borealis and Borouge capacity of 8 million tonnes.
Borealis offers a wide range of base chemicals, including melamine, phenol, acetone, ethylene, propylene, butadiene and pygas, servicing a wide range of industries. Borealis also creates real value for the agricultural industry, selling approximately 5 million tonnes of fertilizers. Technical nitrogen and melamine products complement the portfolio with applications ranging from mono-nitrogen oxide (NOx) abatement to glues and laminates in the wood working industry.
Borealis and Borouge aim to proactively benefit society by taking on real societal challenges and offering real solutions. Both companies are committed to the principles of Responsible Care®, an initiative to improve safety performance within the chemical industry, and work to solve the world’s water and sanitation challenges through product innovation and their Water for the World™ programme.
SOURCE: Borealis AG