Borealis

BOREALIS NEWSROOM (20 press releases)

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Borealis Honors Groundbreaking Sustainability Innovations with 2024 Scientific Innovation Award

PRESS RELEASE -- 6, December 2024

(IN BRIEF) Borealis announced the winners of its 2024 Scientific Innovation Award during Innovation Day in Linz, Austria, celebrating advancements in sustainable plastics. The awards recognized innovators addressing key areas such as sustainable production catalysts, energy-efficient polymerization, and polymer recycling. … Read the full press release

Borealis and Partners Showcase Sustainable Plastics Solutions at FAKUMA 2024 for Packaging and Healthcare

PRESS RELEASE -- 25, October 2024

(IN BRIEF) At FAKUMA 2024, Borealis and key partners showcased advanced plastics processing solutions, focusing on sustainable materials for packaging and healthcare. Highlighting collaborations with companies like BMB, Engel, and ARBURG, Borealis demonstrated various applications using recycled and renewable feedstocks, … Read the full press release

Borealis Commits to Finnish Circular Economy Green Deal, Driving Sustainability in Plastics Production

PRESS RELEASE -- 18, September 2024

(IN BRIEF) Borealis has joined the Finnish Environment Ministry’s Circular Economy Green Deal, committing to promoting a low-carbon, circular economy. The company plans to use 30 kilotons of Finnish plastic waste as raw material by 2035 and improve its energy … Read the full press release

Six Industry Leaders Launch Sustainable Optical Fiber and Cable Industry Alliance (SOFIA)

PRESS RELEASE -- 14, September 2024

(IN BRIEF) Six major companies—Borealis, Covestro, Heraeus, Nextrom, Teijin Aramid, and Umicore—have launched the Sustainable Optical Fiber and Cable Industry Alliance (SOFIA) to promote sustainability across the optical fiber and cable sector. SOFIA aims to improve transparency, communication, and standardized … Read the full press release

Carbon-Capturing Partnership: Borealis and Infinium Launch Low-Carbon Plastics Revolution

PRESS RELEASE -- 20, August 2024

(IN BRIEF) Borealis and Infinium have formed a strategic partnership to produce low-carbon plastics using Infinium’s eNaphtha, a sustainable feedstock made from captured CO2 emissions. This collaboration aims to reduce the carbon footprint of polyolefins, a type of plastic widely … Read the full press release

Industry Giants Join Forces to Transform Discarded Tires into Sustainable Automotive Plastics

PRESS RELEASE -- 11, June 2024

(IN BRIEF) Neste, Borealis, and Covestro have partnered to recycle discarded tires into high-quality plastics for automotive applications, aiming to drive circularity in the plastics value chain. Through this collaboration, old tires are transformed into raw materials, processed into base … Read the full press release

Borealis Partners with Burgenland Energie for Green Energy Transition

PRESS RELEASE -- 22, May 2024

(IN BRIEF) Borealis, a leading provider of sustainable polyolefins solutions, and Burgenland Energie, Austria’s top wind and solar power producer, have signed their first power purchase agreement (PPA) to drive renewable energy usage. Commencing in January 2026, Burgenland Energie will … Read the full press release

Vattenfall Reports Strong Financial Performance and Renewable Energy Milestones in Q1 2024

PRESS RELEASE -- 30, April 2024

(IN BRIEF) Vattenfall’s financial report for January-March 2024 highlights a 21% decrease in net sales, offset by a 45% increase in underlying operating profit and a 27% increase in operating profit. Profit for the period surged by 43%, indicating robust … Read the full press release

TOMRA Partners with OMV and Borealis to Close Plastic Recycling Gaps

PRESS RELEASE -- 26, April 2024

(IN BRIEF) TOMRA, in collaboration with OMV and Borealis, is advancing plastic recycling by supplying high-quality raw materials from mixed post-consumer plastic waste. Through long-term feedstock supply agreements, TOMRA’s innovative sorting facility in Germany will provide clean fractions of specific … Read the full press release

Borealis Invests €4.5 Million in Porvoo Cracker Furnaces to Boost Circular Economy Efforts

PRESS RELEASE -- 10, April 2024

(IN BRIEF) In a bid to accelerate the transition towards a circular economy, Borealis has announced a significant investment of EUR 4.5 million in the cracker furnaces of its Porvoo site. This investment aims to increase the utilization of renewable … Read the full press release

Borealis Expands Circular Economy Commitment with Acquisition of Integra Plastics AD

PRESS RELEASE -- 2, April 2024

(IN BRIEF) Borealis announces the successful acquisition of Integra Plastics AD, a Bulgarian advanced mechanical recycling player, solidifying its position in the circular economy landscape. Integra Plastics’ state-of-the-art recycling plant, with an annual capacity exceeding 20,000 tons, significantly bolsters Borealis’ … Read the full press release

Borealis Achieves FDA Approval for Borcycle™ M Post-Consumer Recycled Plastics in Food-Grade Packaging

PRESS RELEASE -- 28, March 2024

(IN BRIEF) Borealis has received Letters of No Objection (LNOs) from the US Food & Drug Administration (FDA) for specific grades of its Borcycle™ M post-consumer recycled plastics (PCR) to be used in food-grade packaging. This milestone underscores Borealis’ commitment … Read the full press release

Borealis and AKVA Group Launch World’s First Renewable Plastic Workboat Hull, Redefining Aquaculture Sustainability

PRESS RELEASE -- 27, March 2024

(IN BRIEF) Borealis and AKVA Group have collaborated to introduce a groundbreaking innovation in sustainable aquaculture: the world’s first workboat hull crafted from renewable plastic. Utilizing Borealis’ Bornewables™ range of renewable polyolefins, AKVA Group’s iconic Polarcirkel series now boasts a … Read the full press release

Borealis-backed Project STOP: Transforming Waste Management in Banyuwangi, Indonesia

PRESS RELEASE -- 21, March 2024

(IN BRIEF) Project STOP, a collaboration between Borealis and Systemiq, has achieved significant milestones in its mission to improve waste management in Indonesia. Since its inception, over 400,000 individuals have gained access to waste services, leading to the collection of … Read the full press release

Borealis CEO Thomas Gangl’s Mandate Terminated by Mutual Agreement

PRESS RELEASE -- 16, March 2024

(IN BRIEF) The Supervisory Board of Borealis and Thomas Gangl have reached a mutual decision to terminate Gangl’s mandate as CEO of Borealis AG, effective June 30, 2024. Gangl, with a career spanning over two decades at OMV, held key … Read the full press release

Vattenfall and Borealis Forge Renewable Energy Partnership to Drive Decarbonization

PRESS RELEASE -- 7, March 2024

(IN BRIEF) Vattenfall and Borealis have entered into a groundbreaking long-term renewable hydropower purchase agreement (PPA) aimed at bolstering sustainability efforts. Starting January 2024, Vattenfall commenced supplying Borealis’ Stenungsund operations with 175 GWh per year of renewable energy sourced from … Read the full press release

Borealis Marks 30 Years of Innovation: Accelerating Industry Transformation and Sustainability

PRESS RELEASE -- 4, March 2024

(IN BRIEF) In March 2024, Borealis commemorates its three-decade journey as a pioneer and innovator in the polymers industry, celebrating its contributions to industry advancement and sustainability. Born from a merger between Statoil and Neste, Borealis has evolved into a … Read the full press release

Austrian Industry Giants Spearhead Carbon-Based Value Chain Transformation

PRESS RELEASE -- 1, March 2024

(IN BRIEF) Austrian companies Holcim, Verbund, OMV, and Borealis have wrapped up the C2PAT demonstration plant project, aiming to produce carbon-based products from unavoidable CO2 emissions. Instead of a joint pilot plant, each company plans to develop industrially upscaled plants … Read the full press release

Mirjam Mayer Appointed as Vice President of Circular Economy Solutions at Borealis

PRESS RELEASE -- 31, January 2024

(IN BRIEF) Borealis has named Mirjam Mayer as the Vice President of Circular Economy Solutions (CES) starting from January 1, 2024. In this role, Mayer will oversee and manage the entire value chain of Borealis’ Circular Economy Solutions. Mayer, who … Read the full press release