Borealis, headquartered in Vienna, Austria, a leading provider of innovative solutions in the fields of polyolefins, base chemicals and fertilizers has decided to expand its PP capacity in Europe and strengthen its long-term commitment to meet the European customers’ needs for innovative polypropylene.
Borealis has decided to invest in expanding the capacity of its PP plant in Kallo, Belgium, by 80kt, which is expected to come on stream in mid-2020. Borealis also decided to start the Front End Engineering and Design (FEED) phase for the expansion of its PP plant in Beringen, Belgium. The final investment decision on this 250-300kt expansion is expected to be taken by the end of 2019, and the start-up is expected mid-2022. Upgradation of the current process technology to the proprietary Borstar platform will be executed through this project.
Alfred Stern, Borealis Chief Executive, said, “This PP capacity increase will be another significant European investment aimed at serving our European customer base. In Europe, polypropylene supply is not keeping up with increasing demand. With the market tightening and continuous application expansion for PP materials, additional investment is needed to support the growth of our customers. The synergies with the ongoing PDH project in Kallo will ensure a reliable and integrated value chain from feedstock to customers.”
Maria Ciliberti, Borealis VP Marketing & New Business Development, commented, “Additional capacity will support the increasing demand in flexible and rigid packaging applications, where Borealis technology and products offer enhanced properties to our customers. Additional supply is also needed to support the automotive industry, for which PP is the fastest growing polymer material.”
The Borealis PP plants in Kallo and Beringen produce sophisticated and innovative PP solutions for advanced packaging, automotive and healthcare customers.