Borealis

Austriaborealisgroup.com

Borealis is an international chemical company headquartered in Vienna, Austria. The group develops and manufactures polyolefins—polyethylene (PE) and polypropylene (PP)—and provides material solutions for packaging, infrastructure, energy, and mobility applications.

Borealis operates and licenses its proprietary Borstar technology for PE and PP production, with global reach supported by joint ventures such as Borouge (with ADNOC in the United Arab Emirates) and Baystar (with TotalEnergies in the United States). The company also pursues circular plastics initiatives, including mechanical and chemical recycling and the integration of recycled feedstocks into polyolefin grades.

Borealis is commonly known as Borealis AG or Borealis Group and is majority-owned by OMV Group.

Also known as Borealis AG, Borealis Group, and Borouge.

Projects Borealis is involved in

chemXplore tracks 29 projects involving Borealis, of which 7 are active.

Borealis's role on them: Owner, Operator, Developer, and Technology licensor.

6 Under Construction 1 Commissioning & Start-up

3 new construction, 3 expansion, and 1 revamp / retrofit.

Expected to start operating
2026
none
2027
3 projects
2028
none
2029
none
2030
none
2031
none

1 of the active projects carry no start-up date yet.

What moved recently
  • April 2026 Borouge 4 Polyolefins Complex, Ruwais · Commissioning & Start-up · United Arab Emirates

Contractors and licensors are recorded on 3 of these 7 projects For subscribers

Targeting: Cross-Linked Polyethylene (2), Polypropylene (2), Carbon dioxide (1), Dicumyl peroxide (1), Ethane (1), Hydrogen (1)

Follow these projects in chemXplore →

Latest news on Borealis

31 July 2026
OMV Q2 2026: Clean CCS operating result €1,706m

Strong cash flow and low leverage; all segments profitable. Chemicals lifted by Borouge International closing and higher olefin/polyolefin prices.

31 July 2026
Borouge Plc delivers 23% QoQ net profit rise despite Ruwais incident

Restored full production after 5 April incident; shipped all available volumes plus inventory; realised prices rose 53% QoQ; margins squeezed by higher logistics and propylene costs.

25 June 2026
Borouge launches Queo 7030LA-P polyolefin elastomer

Low-density, high-melt-flow elastomer that improves flexibility, processing and filler loading for TPOs, adhesives and highly filled compounds.

3 June 2026
Borouge International & Lanxess advance circular acetone with Borvida B‑acetone

ISCC PLUS‑certified, mass‑balanced acetone from non‑food waste biomass offers up to 175% cradle‑to‑gate carbon reduction while matching conventional acetone performance.

27 May 2026
Woosh, Borouge & BlueAlp close diaper-plastic loop with ISCC‑certified pyrolysis oil

Used diaper plastics collected, mechanically separated and chemically recycled into ISCC‑certified pyrolysis oil for new polymer production, demonstrating industrial-scale circularity in Europe

6 May 2026
Borouge: First XLPE from Borouge 4 to support UAE energy sector

New plant doubles output (+100,000 t/yr), awarded ~$600M in local contracts, expands site capacity by 1.4M t and is expected to deliver up to $400M net profit over three years.

30 April 2026
OMV: Clean CCS operating result ~EUR 1.0bn in Q1 2026

Q1: operating cash flow €776m (€1,624m excl NWC, +20%); net income €323m; leverage 17%. Energy down, Fuels flat, Chemicals up on Borealis reclass. and higher polyolefin margins; Borouge closed

28 April 2026
Borealis awarded EcoVadis Gold 2026

EcoVadis score rose to 84/100 (from 80); improvements in environment, labour & human rights and ethics; sustainable procurement maintained; max score for policy implementation.

Where its projects are

By country, the most active first. active / all projects

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