Keyword: Borealis


Borealis Reaffirms Halt to Belgian PDH Plant

09.08.2022 -

Borealis has reaffirmed the suspension of construction on a new propane dehydrogenation (PDH) plant at Kallo, Belgium. The Vienna-based group cited “serious allegations”...


Borealis and Total Start Ethane Cracker in Texas

26.07.2022 -

The 1 million t/y ethane cracker built by US-headquartered Bayport Polymers (also known as Baystar), a 50:50 joint venture of Borealis and TotalEnergies, has begun...


Borealis Invests in Global Wire and Cable Assets

28.06.2022 -

Borealis is investing about €200 million to upgrade and expand capacity for cross-linked PE (XLPE) and semiconductive compounds in Europe in order to meet future demand...


Agrofert Bids for Borealis’ Nitrogen Business

03.06.2022 -

Polyolefins and fertilizer producer Borealis has received a takeover offer for its nitrogen business from Czech Republic-based Agrofert. The deal that would include...


Borouge Plans IPO of Minority Stake

23.05.2022 -

Borouge, the Borealis/Abu Dhabi National Oil Co (ADNOC) joint venture, has announced plans to float a 10% stake in the company on the Abu Dhabi Securities Exchange (ADX)...


Race for DSM Engineering Plastics Heats up

10.05.2022 -

The race to take over DSM’s engineering plastics business is heating up. After Lanxess in cooperation with private equity group Advent International was identified as a...


ADNOC Takes Over Mubadala Stake in Borealis

05.05.2022 -

Abu Dhabi National Oil Co (ADNOC) is taking over Mubadala’s holding in Borealis for an undisclosed sum. Once the transaction, which is subject to the usual conditions and...


OMV Shifts Focus to Sustainable Fuels, Chemicals and Materials

23.03.2022 -

Austrian oil, gas and chemicals group OMV has outlined its Strategy 2030, which will see it transform into a sustainable fuels, chemicals, and materials company with a...