Borealis

  • 20 March 2024

    Thomas Gangl will leave Borealis

    The Supervisory Board of Borealis and Thomas Gangl have come to a mutual agreement regarding a termination of Thomas Gangl mandate as CEO of Borealis, as well as the related employment contract effective 30 June 2024. Thomas Gangl started his career at OMV in 1998 as a...
  • 13 March 2024

    Borealis celebrates 30 years of activity

    In March 2024, Borealis is commemorating its thirtieth year of operations. Born of a merger between Statoil and Neste, the company has expanded from its early Nordic roots to become one of the world’s top ten polyolefins players and driver of industry change. Its dedication to value creation through...
  • 31 January 2024

    In Borealis new responsible for circular economy

    Borealis announced the appointment of Mirjam Mayer, previously Vice President Polyolefins Transformation, as Vice President Circular Economy Solutions as of 1 January 2024. In this position, she will be overlooking and managing Borealis’ entire Circular Economy Solutions (CES) value chain...
  • 08 November 2023

    Borealis completes acquisition of Rialti and expands range of circular compounds

    Borealis closed deal to acquire Rialti, an Italian polypropylene compounder of recyclates. The acquisition will enhance Borealis’ portfolio of PP compounds based on mechanical recyclates by 50,000 tons per year, strengthening its ability to meet customer demand for an ever-wider range of sustainable, high-performance solutions...
  • 04 October 2023

    Baystar doubles polyethylene productivity in Texas

    Borealis and TotalEnergies celebrate the start-up of their Baystar joint venture’s new 625,000 metric ton-per-year Borstar polyethylene unit, which more than doubles the current production capacity at Baystar’s site in Pasadena, Texas. The new 1.4 billion-dollar unit completes the partners’ integrated petrochemicals venture, which...
  • 27 September 2023

    Executive Vice President to leave Borealis

    The Supervisory Board of Borealis has accepted the decision of Lucrèce Foufopoulos-De Ridder, EVP Polyolefins, Circular Economy Solutions and Innovation & Technology to step down from her executive position at Borealis, and the Board of Borouge effective 31 December 2023 to pursue other career opportunities...
  • 03 July 2023

    Borealis makes purchases in Italy

    One of the world leading providers of advanced and circular polyolefin solutions and a European market leader in base chemicals, fertilizers and the mechanical recycling of plastics, Borealis, announced that it has signed an agreement to acquire Rialti, an Italian polypropylene compounder and recycler...
  • 21 June 2023

    Monomaterial pouch containing over 95% polypropylene

    Borealis announced the development of a new monomaterial pouch containing over 95% PP and designed for recycling. Developed in collaboration with value chain partners, this more sustainable high barrier packaging format offers a range of benefits for the blown and cast film extrusion...
  • 13 January 2023

    Borealis pushes on chemical recycling with the acquisition of the majority of Renasci

    Borealis, one of the world’s leading providers of advanced and circular polyolefin solutions, has acquired a majority stake in Renasci, a Belgium-based provider of innovative recycling solutions and the creator of the novel Smart Chain Processing (SCP) concept. Borealis announced the acquisition of a 10% stake in Renasci in July 2021; now...
  • 02 February 2022

    Change at the helm of Borealis polyolefins in Austria and Italy

    Borealis announced the appointment of Jürgen Artner as Operations Manager Polyolefins and Location Leader for Borealis in Schwechat (Austria), Monza (Italy) and Wildon (Austria), effective February 1, 2022. He succeeds Rudolf Sukal, who will retire mid-year. Jürgen Artner joined Borealis in 2000 and has held various positions since then, including…
  • 06 October 2021

    Versalis and Repsol join the Cracker of the Future consortium

    Two new members entered the Cracker of the Future consortium, accelerating the development of a game changing technology for the electrification of the steam cracking process. This enables a revolutionary decrease in greenhouse gas emissions. They are the Italian Versalis and the Spanish Repsol, and now...
  • 09 June 2021

    OMV appoints Alfred Stern as new CEO

    In its meeting today, the Supervisory Board of OMV Aktiengesellschaft appointed Alfred Stern as the new Chairman of the Executive Board and CEO of OMV. He will assume the position with effect from September 1, 2021 for a three-year period with an extension option for further two years subject to mutual consent. Alfred Stern is currently...
  • 09 February 2021

    Thomas Gangl appointed new Borealis CEO as of April 1

    Following the acquisition of the majority shares in Borealis by OMV and the intensified and close cooperation between OMV and Borealis, the Supervisory Board of Borealis has decided to appoint Thomas Gangl, currently Executive Board member of OMV, as CEO of Borealis. Alfred Stern, who has successfully led Borealis transformation...
  • 20 January 2021

    Borealis and Tomra in the mechanical recycling of post-consumer waste

    Borealis and Tomra have announced the operational start of their advanced mechanical recycling demo plant in Lahnstein, Germany, the result of a partnership that marries chemistry with technology for unsurpassed results. The state-of-the-art plant processes both rigid and flexible plastic waste from households...