Borealis is investing EUR 4.5 million in the Porvoo steam cracker to increase the use of renewable and recycled raw materials in ethylene and propylene production. This supports Borealis Strategy 2030 and the transition to a circular economy. The investment will modify three of the ten cracker furnaces, enabling a total annual production of 120 kilotons of base chemicals based on renewable and recycled feedstocks. The Porvoo site has been awarded the ISCC PLUS certification for its environmentally friendly practices. Borealis aims to reinvent essentials for sustainable living and move towards a future of circular economy transformation.
Borealis announces a EUR 4.5 million investment in the cracker furnaces of its . This investment ensures that the Porvoo steam cracker, which is part of a highly integrated petrochemical complex, can increase the share of renewable and recycled raw materials used in its (ethylene and propylene) production; thus, supporting Borealis Strategy 2030 and driving the transformation to a circular economy. The Porvoo investment program, which has already been kicked off and is expected to be completed in 2025,
The Porvoo steam cracker, which has a nameplate capacity of 430 kilotons ethylene and 263 kilotons propylene per year, is a facility that thermally “cracks” feedstock – such as naphtha, propane, butane, and liquefied petroleum gas (LPG) – into smaller molecules. Furnaces are the “heart” of every cracker. Thanks to the investment, three of the ten cracker furnaces in the olefins unit will be modified to enable a total annual production of 120 kilotons of base chemicals based on renewable and recycled feedstocks. The renewable-based and chemically recycled base chemicals produced at Borealis’ site in Porvoo have been awarded the . The ISCC PLUS certification is a voluntary scheme that covers the entire supply chain based on mass balance accounting and guarantees compliance with the highest environmental standards.
"With a focus on reinventing essentials for sustainable living, our EUR 4.5 million investment in our steam cracker in Porvoo moves us closer towards a future of circular economy transformation. Through strategic furnace modifications and a commitment to renewable and chemically recycled base chemicals, we are poised to elevate annual production to 120 kilotons, forging a path of environmental stewardship and economic resilience," says Wolfram Krenn, Borealis Executive Vice President Operations and Base Chemicals.