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Borealis history
Borealis company history timeline
Borealis was formed in 1994 through the merger of Statoil and Neste.
Total recordable injuries (TRIs) per million working hours drop more than 50% to 4.0 from 8.4 in 2001, thanks to a group-wide focus on safety.
The award recognises Borealis’ successful business transformation since 2001, including a step change in safety across the Group (including contractors) which has contributed to overall operational excellence.
Safety and environmental performance show marked improvement, with total recordable injuries (TRIs) of 2.4 per million working hours, down from 3.8 in 2003.
First joint appearance for Borealis, Borouge and Nova Chemicals at the 2010 K Fair in Dusseldorf, Germany.
Borealis announces it will cease production at its outdated high-density polyethylene (HDPE) plant in Burghausen, Germany, at the end of 2014, thus optimising and safeguarding the location as a polypropylene (PP) production site for the long run.
Introduced to industry partners at the 2014 Cigré Session in Paris, the new BorlinkTM grade supports extruded DC transmission at extra high voltages.
Borealis achieves an extraordinary record result improving further on the record result realised in 2014.
In 2014, the Borouge 3 mega-project saw the start-up of the world’s largest ethane cracker, one polypropylene (PP), and two polyethylene (PE) plants.
Only one unit has yet to be started up in 2016.
Borealis realised a very strong safety performance in 2016.
Borealis, a leading provider of innovative solutions in the fields of polyolefins, base chemicals and fertilizers, announces that it will move to the FEED-phase for a new, world-scale propane dehydrogenation (PDH) plant, after successfully concluding a pre-FEED feasibility study in June 2017.
Launched in 2017 by Borealis and SYSTEMIQ, Project STOP (Stop Ocean Plastics) works with cities to create effective waste management systems that eliminate plastics leakage into the ocean and creates circular systems in Southeast Asia.
On 3 October 2019, Borealis and Ecoplast celebrated the successful conclusion of a strategic investment at their plastics recycling location in Wildon, Styria/Austria.
In 2020, Borealis generated EUR 6.8 billion in sales revenue and a net profit of EUR 589 million.
© 2021 by ABA – Invest in Austria all rights reserved
Bayport Polymers LLC (Baystar™) held its official groundbreaking ceremony for the construction of a new 625,000 metric ton-per-year Borstar® polyethylene unit at its production site in Pasadena, Texas, with an anticipated start-up in 2021.
Borealis and Borouge showcase sustainable Wire & Cable innovations at the WIRE 2022
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Borealis competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Nature's Way | - | $500.0M | 1,150 | 9 |
| J+J Flooring Group | 1957 | $180.0M | 999 | - |
| Niagara Holdings Inc | 2004 | $830.0M | 1,300 | 110 |
| Phillips Companies | 1942 | $510,000 | 7 | 125 |
| Weber Grills | 1893 | $1.3B | 3,000 | - |
| Oldcastle Glass Engineered Products, Inc. | 1962 | $16.0M | 75 | - |
| Nu-Way Industries | 1968 | $37.5M | 96 | 12 |
| Longview Fibre Paper and Packaging Inc | 1927 | $1.2B | 3,000 | - |
| Stanley Furniture | 1924 | $32.0M | 140 | 35 |
| Betco | 1950 | $47.0M | 200 | 13 |
Borealis history FAQs
Zippia gives an in-depth look into the details of Borealis, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Borealis. The employee data is based on information from people who have self-reported their past or current employments at Borealis. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Borealis. The data presented on this page does not represent the view of Borealis and its employees or that of Zippia.
Borealis may also be known as or be related to Borealis, Borealis Compounds Inc and Borealis Compounds Inc.