At the beginning of 2017, the International Petroleum Investment Company (IPIC) of Abu Dhabi and Mubadala merged. BOREALIS INFRASTRUCTURE EUROPE (UK) LIMITED, Next accounts made up to 31 December 2019 TORONTO, ONTARIO--(Marketwire - Nov. 6, 2012) - EDP Renováveis S.A. ( EDPR ) has reached an agreement to sell 49% of the Class A shares in a portfolio of wind farm assets located in the United States to Borealis Infrastructure for US$230 million. The design process always starts with understanding and interpreting the needs of the whole value chain from polymer to end user. The company develops solutions tailored to the end-use application. Borealis was founded in 1994 by the merging of the petrochemical interests of Finnish Oil company Neste and the Norwegian oil company Statoil (now renamed Equinor). Download financial reports and other financial publications. Cepsa has reached an agreement with Borealis Infrastructure, an international investor in industrial infrastructure, for the sale of its 9.15% stake in Compañía Logística de Hidrocarburos. [14], Borealis has confirmed majority funding for Project STOP Ocean Plastics (STOP). The funding secures the start of Project STOP’s second phase. Download literature, publications, reports and other documents. In 2019 Borealis generated a net profit of about EUR 872 million. Paul Manias is Vice President at Borealis Infrastructure Trust. Borealis produces a wide range of base chemicals such as melamine, phenol, acetone, ethylene and propylene for use in numerous and diverse industries, as well as fertilizers and technical nitrogen products. mtm uses mixed packaging, bulky household and industrial waste as raw materials. There are two research centres in Sweden and Finland, as well as the European Innovation Headquarters in Linz, Austria. Wagramer Strasse 17-19 The successful implementation of the strategy will strengthen Borealis’ leading position in the industry.[5]. [18], For the natural light display in the Northern Hemisphere known as Aurora Borealis, see, Commitment to circular economy and plastics recycling, International Petroleum Investment Company, https://www.borealisgroup.com/company/about-borealis/management-ownership/executive-board, "Polyolefins | Base Chemicals | Fertilizers - Borealis", "Borealis delivers strong financial results despite softening market environment", Expansion moves forward at Borouge petrochemicals plant at Ruwais, Total, Nova, and Borealis to form cracker joint venture, Total, Borealis and NOVA Chemicals close their Joint Venture in petrochemicals, "Borealis produces certified renewable PP", Borealis pledges majority funding for ‘Project STOP Ocean Plastics’, Borealis launch €15 million investment in mtm plastics, Borealis buying recycler Ecoplast adding film recycling to portfolio, https://en.wikipedia.org/w/index.php?title=Borealis_AG&oldid=981265353, Creative Commons Attribution-ShareAlike License, Alfred Stern, Chief Executive (CEO), Mark Tonkens (CFO), This page was last edited on 1 October 2020, at 08:24. Agrolinz provides melamine (used to treat flooring and furniture for resistance to wear and tear) and fertilizer. Borealis builds on mtm's recycling process knowledge to significantly expand the scope of recycling solutions offered by the Borealis Group over the next few years. Borealis polyolefins have a role to play in saving energy along the value chain and promoting more efficient use of natural resources. [7], Borstar is Borealis' proprietary technology for manufacturing polyethylene (PE) and polypropylene (PP).

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