August 08, 2023

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Background

In the highly competitive automotive market, car and truck manufacturers are always seeking to improve the safety, comfort and energy efficiency of vehicles. These improvements require material with exceptional properties, which is why our PP foam materials have been used for the production of ultra-lightweight foamed air ducts. This lightweight material improved thermal conductivity and acoustics, and reduced energy consumption and emissions without compromising on power.

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Borealis is one of the world’s leading providers of advanced and circular polyolefin solutions and a European market leader in base chemicals, fertilizers and the mechanical recycling of plastics. We leverage our polymers expertise and decades of experience to offer value adding, innovative and circular material solutions for key industries. In re-inventing for more sustainable living, we build on our commitment to safety, our people and excellence as we accelerate the transformation to a circular economy and expand our geographical footprint.

With head offices in Vienna, Austria, Borealis employs 6,900 employees and operates in over 120 countries. In 2020, Borealis generated EUR 6.8 billion in sales revenue and a net profit of EUR 589 million. OMV, the Austria-based international oil and gas company, owns 75% of Borealis, while the remaining 25% is owned by a holding company of the Abu-Dhabi based Mubadala. We supply services and products to customers around the globe through Borealis and two important joint ventures: Borouge (with the Abu Dhabi National Oil Company, or ADNOC, based in UAE); and Baystar™ (with TotalEnergies, based in the US).

Further information:

www.borealisgroup.com
www.borealiseverminds.com

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Thank you for understanding that we are only able to respond to media enquiries. For all other inquiries, please reach out to us via these contact forms.

Media representatives can reach us on work days in Austria between 8.30 a.m. and 17.00 pm (CET):


Group Media Desk

+43 122 400 899

media@borealisgroup.com

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