Borealis Acquires Majority Stake in Renasci's Ostend Facility, Belgium, Demonstrating Commitment to Leading Circular Economy Transformation

Borealis, a leading provider of polyolefin solutions and circular products, has acquired a majority stake of 50.01% in Renasci, a provider of recycling solutions and creator of the Smart Chain Processing (SCP) concept. The investment will give Borealis access to chemically recycled feedstock and strengthen its portfolio of recycled products. Borealis plans to leverage its market position and technological capabilities to accelerate progress on circularity. The acquisition is part of Borealis' strategy to increase the volume of circular products and solutions and support its goal of becoming circular in plastic and carbon.

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