BOREALIS: Polyolefin plastomers range is expanded / Production technology rebranded “Borceed
Polyolefins specialist Borealis (Vienna / Austria; www.borealisgroup.com) has extended its “Queo polyolefin plastomers (POP) portfolio through the launch of three polyolefin elastomers (POE) grades. It has also rebranded its “Compact technology as “Borceed, a Borealis proprietary solution originally developed and marketed by DSM (Sittard / The Netherlands; www.dsm.com) – see Plasteurope.com of 05.03.2013.
The “Queo range includes polyolefin plastomers and, with this launch of three grades, elastomers that bridge the performance gap between conventional polyolefin plastics such as PE and conventional elastomers like ethylene propylene diene monomer (EPDM).
Borceed technology enables flexible materials exhibiting both plastic and elastomeric properties and is the platform supporting Borealis’ “Queo products. The company said the portfolio expansion enhances its range of high-value speciality PE products for the high-end segments of the automotive, consumer packaging, housewares, and wire and cable industries.
Borealis is a leading provider of innovative solutions in the fields of polyolefins, base chemicals and fertilizers
With headquarters in Vienna, Austria, Borealis currently employs around 6,500 and operates in over 120 countries. It generated EUR 7.7 billion in sales revenue and a net profit of EUR 988 million in 2015. The International Petroleum Investment Company (IPIC) of Abu Dhabi owns 64% of the company, with the remaining 36% belonging to OMV, an international, integrated oil and gas company based in Vienna. Borealis provides services and products to customers around the world in collaboration with Borouge, a joint venture with the Abu Dhabi National Oil Company (ADNOC).