Borealis
The company was created in 1994 as a joint venture between two European chemical giants, Statoil and Neste. Borealis is a significant chemical and plastics manufacturer headquartered in Austria. The company specializes in the production of polyolefins, basic chemicals, and fertilizers and operates globally in the automotive, construction, packaging, and healthcare industries.
Borealis has a great reputation for innovation and sustainability, with an emphasis on generating high-performance products with low environmental effects. The company has been recognized for its work in lowering greenhouse gas emissions, promoting circular economy solutions, and manufacturing sustainable products.
In the automotive sector, Borealis offers a variety of materials to automakers, such as lightweight components and solutions for electric and hybrid vehicles. The company has collaborations with major automakers and is known for its creative products.
In the construction sector, Borealis provides a variety of products for use in construction and infrastructure projects, including pipes, wires, and insulating materials. The goods of the company are well known for their durability and outstanding performance.
In the packaging sector, Borealis offers flexible and rigid packaging solutions, as well as innovative packaging for food, healthcare, and personal care items. The company is well-known for its dedication to inventing environmentally friendly packaging solutions that decrease waste and support a circular economy.
Borealis reported sales of around 11.3 billion in fiscal year 2023, and the company is currently on pace to grow and expand in the future. Overall, Borealis is a trustworthy firm whose products and services have a global reach and have been acknowledged for their quality and dependability.
Founded: 1994
Headquarters: 6-8 Trabrennstr., Vienna, 1020, Austria
Website: https://www.borealisgroup.com/