Owner Investor / Financier Operator Developer Technology licensor
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 and Borealis Group.
chemXplore tracks 32 projects involving Borealis, of which 6 are active.
Besides these 6, the record holds 24 completed projects, 1 on hold and 1 without a phase.
Closest to start-up first.
1 more active project and the 26 that are completed, on hold or cancelled are in the record. See all 32 in chemXplore →
The dates themselves, per project, are for subscribers.
Rolling out AI across production, innovation, supply chain and customer engagement; aims to deliver $100 million in value by 2027 and signed technology partnerships at ADIPEC 2026.
Advances EU2 and EU3 ethane-cracker engineering with Linde; Borouge 4 adds 1.4 Mt polyethylene; Kallo PDH2 reaches mechanical completion; Burghausen and Schwechat projects progress.
Adjusted EBITDA $2.7bn in first six months at 26% margin; Q3 volumes +11% to 2,611 kt (Asia +52%); free cash flow $1.2bn; $200m run‑rate synergies secured; stronger Q4 expected.
Q3 adjusted EBITDA $279m as sales volumes rose 22% QoQ and utilisation recovered; all production shipped without Strait of Hormuz dependence. Q4 expected to deliver substantially higher EBITDA.
Strong cash flow and low leverage; all segments profitable. Chemicals lifted by Borouge International closing and higher olefin/polyolefin prices.
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.
Low-density, high-melt-flow elastomer that improves flexibility, processing and filler loading for TPOs, adhesives and highly filled compounds.
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.
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What each is building and closing, and the pipelines and grids between them, on one map.
The 6 sharing the most projects, of 12.
