Keyword: Borealis

News

OMV and Abu Dhabi Plan to Merge Polyolefins Businesses

17.07.2023 -

Austrian energy group OMV has decided to pursue negotiations with Abu Dhabi National Oil Co (ADNOC) to merge their polyolefin businesses. News agency Bloomberg had...

News

Borealis Completes Revamp of Stenungsund Cracker

11.07.2023 -

After seven years of construction work, olefins and polyolefins producer Borealis has completed a major upgrade to its steam cracker operations in Stenungsund, Sweden...

News

Borealis Completes Sale of its Nitrogen Business to Agrofert

07.07.2023 -

In early June of 2022, Borealis received a binding offer from Agrofert for the acquisition of its nitrogen business including fertilizer, melamine and technical nitrogen...

News

Borealis to Acquire Rialti

04.07.2023 -

Borealis has signed an agreement to acquire Rialti, a producer of mechanically recycled polypropylene (PP) compounds for injection molding and extrusion.

News

Lanxess Warns on Earnings as Buyout Talk Circles Covestro

22.06.2023 -

Two former spinoffs from Bayer were competing for headlines on Jun. 19 and 20, as specialty chemicals company Lanxess issued a profit warning amid rumors that Middle East...

News

Borealis Invests in Solar Power for Austria

08.12.2022 -

Olefins and polyolefins producer Borealis has joined forces with Austrian energy utility company Verbund to supply solar energy to its production site at Schwechat...

News

Borealis Withdraws from Rosier Squeeze Out

10.11.2022 -

Turkish industrial conglomerate Yildirim will now launch a mandatory takeover bid for fertilizer producer Rosier – and a squeeze-out offer for the remaining shares – once...

News

Borealis Sells Rosier Stake to Yildirim

29.09.2022 -

Borealis has agreed to sell its 98.09% stake in Belgian fertilizer producer Rosier to Turkey’s Yildirim Group. The proposed deal puts an enterprise value of €35 million...