MOSCOW (MRC) -- Borealis is investing around EUR200 mln to upgrade and expand its XLPE and semicon assets at existing production locations in Europe, said the company.
This ambitious initiative will serve the W&C market by safeguarding the reliable supply of high-quality insulation and semiconductive materials in the long term, and particularly those required to support global offshore wind and interconnector projects.
Investment focus lies on production of XLPE compounds in Stenungsund, Sweden; and on semicon compounds in Antwerp, Belgium. The products and services originating at these new centres of manufacturing excellence are subject to stringent process and quality controls.
The Baystar joint venture with TotalEnergies is bringing the Borstar 3G technology to American PE markets. Construction commenced in 2020 on the 625,000 metric ton-per-year Borstar PE unit in Texas. Once the facility comes on stream in 2022, the increased production capacity will enable Borealis, as exclusive supplier of Baystar-produced PE to W&C customers, to better fulfil growing demand for fibre optic and power cable jacketing in North, Central, and South America.
An investment study to evaluate capacity expansion at the Borealis Compounds Inc. production facility in New Jersey is nearing completion. Once the project is deemed feasible, Borealis plans to invest a significant sum to expand the XLPE facility so as to serve the steadily growing demand for medium voltage power cables in the Americas. XLPE production capacity at this facility is set to increase by 10 kta to reach a total capacity of 42 kta by the year 2024.
As per MRC, Borealis (Vienna, Austria) has announced several deals for its certified renewable feedstock range for use in polypropylene (PP) and polyethene (PE) packaging and pipeline products. Borealis, one of the world’s leading providers of advanced and circular polyolefin solutions and a European market leader in base chemicals and fertilizers, has announced that Nupi Industrie Italiane (NUPI) has selected the ™ polypropylene (PP) for the next generation of their PP-RCT (Polypropylene Random Crystalline Structure Temperature) piping solutions for domestic plumbing, heating as well as heating, ventilation, and air conditioning (HVAC) systems designed to perform under higher stress conditions and temperatures.
Borealis is one of the world’s leading providers of advanced and sustainable polyolefin solutions and a European front-runner in polyolefins recycling. In Europe, we are a market leader in base chemicals and fertilizers. We leverage our polymer expertise and decades of experience to offer value adding, innovative and circular material solutions for key industries such as consumer products, energy, healthcare, infrastructure and mobility.