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June 3, 2013
Borealis inaugurates new catalyst plant at Linz site
Today, Borealis AG (Vienna, Austria; www.borealisgroup.com) has inaugurated a new catalyst plant at its Linz location. The company has invested €100 million in the construction of this facility, which will produce catalysts utilizing the proprietary Borealis Sirius catalyst technology. Catalysts enable a precise alignment of plastics properties with varying demands and requirements and help determine, among other things, the hardness, plasticity or elasticity of end products. The start-up of the plant will create 35 new jobs at the Linz location and strengthen Borealis' position along the entire plastics value chain: from research and development into and production of own catalysts, to application-oriented development of innovative end products in close co-operation with Borealis customers. Furthermore, the patented Borealis Sirius catalyst technology enhances the profitability and sustainability of the company in the plastics manufacturing sector.
The opening of the new catalyst plant in Linz is a central pillar of the growth strategy within the Borealis polyolefins business segment. Since 2007, the company has already invested €50 million in the development of its Innovation Headquarters in Linz, inaugurated in 2009. The construction of the catalyst plant involves an additional investment of€100 million. Upon commencement of full operations at the plant, 35 new employees will join the existing 1,250 currently employed in Linz.
"Catalysts make it possible to form plastics more precisely. This of course means we can accommodate our customers' demands and requirements more precisely as well, which is why catalysts play a vital role in the development of innovative plastics solutions," says Alfred Stern, Borealis executive vice president Polyolefins. "The new facility in Linz will make it possible for us to build on the basic research carried out at our Innovation Center in Porvoo, Finland by further refining catalysts developed there until they are market-ready. This is an essential step in the development of catalysts and determines the quality and versatility of the final product," Stern adds.