History
Borealis was formed in 1994 through the merger of Statoil and Neste. The Latin word "Borealis" means "from the north" and reflects the Company's early ties to the Nordic region. The first Borealis Head Office was located in Copenhagen, the capital of Denmark. Over the years, Borealis has developed from its early Nordic roots to an international company with a strong presence primarily in Central Europe and the Middle East. Since 2006, its Head Office has been in Vienna, the capital of Austria.
1994
![](https://www.borealisgroup.com/storage/1994b_CD_Juha-Rantanen-becomes-Borealis-first-Chief-Executive_c_Borealis.jpg)
![](https://www.borealisgroup.com/storage/1995a_Start-up-of-first-Borstar%C2%AE-polyethylene-PE-plant-in-Porvoo-Finland_c_Borealis.jpg)
![](https://www.borealisgroup.com/storage/1995b_Commitment-to-Responsible-Care%C2%AE-Global-Charter-implementation_c_Borealis.png)
![](https://www.borealisgroup.com/storage/_400xAUTO_fit_center%20center_85_none/1996a_CD_V2_Svein-Rennemo-becomes-Borealis-Chief-Executive_c_Borealis.jpg)
![](https://www.borealisgroup.com/storage/_400xAUTO_fit_center%20center_85_none/1996b_NEW-LOGO_Start-of-joint-venture-with-ADNOC_c_ADNOC.jpg)
![](https://www.borealisgroup.com/storage/_400xAUTO_fit_center%20center_85_none/1997a_Sale-of-Nestes-50-share-in-Borealis_c_OMV.jpg)
![](https://www.borealisgroup.com/storage/_400xAUTO_fit_center%20center_85_none/1997b2_Aquisition-of-Montell-Polyolefins-50-share-in-North-Sea-Petrochemicals-NV-NSP_c_Borealis.jpg)
![](https://www.borealisgroup.com/storage/_400xAUTO_fit_center%20center_85_none/1998a_V2_IMAGE_Creation-of-petrochemical-complex-in-Abu-Dhabi-Borouge_c_Borealis.jpg)
![](https://www.borealisgroup.com/storage/_400xAUTO_fit_center%20center_85_none/2000a_Construction-and-start-up-of-Borealis-first-Borstar®-polypropylene-PP-plant-in-Schwechat-Austria_c_Borealis.jpg)
![](https://www.borealisgroup.com/storage/_400xAUTO_fit_center%20center_85_none/2000b_Launch-of-manufacturing-joint-venture-with-DuPont-Antwerp_c_Borealis.jpg)
![](https://www.borealisgroup.com/storage/_400xAUTO_fit_center%20center_85_none/2001a_Start-up-of-new-petrochemical-complex-in-Ruwais-UAE_c_Borealis.jpg)
![](https://www.borealisgroup.com/storage/_400xAUTO_fit_center%20center_85_none/2002b_1_Introducation-of-new-Borealis-company-values_VALUES_c-Borealis.jpg)
![](https://www.borealisgroup.com/storage/_400xAUTO_fit_center%20center_85_none/2004_Launch-of-Shaping-the-Future-with-Plastics-vision_c_Borealis.png)
![](https://www.borealisgroup.com/storage/_400xAUTO_fit_center%20center_85_none/2005_V1_Foundation-of-LINZER-AGRO-TRADE_c_Borealis.png)
![](https://www.borealisgroup.com/storage/_400xAUTO_fit_center%20center_85_none/2006a_V1_Relocation-of-Borealis-Head-Office-to-Vienna-Austria_c_CreateamSEVEN.jpg)
![](https://www.borealisgroup.com/storage/_400xAUTO_fit_center%20center_85_none/2006b_V1_Inauguration-of-new-Borstar®-polyethylene-PE-plant-Schwechat_c_Borealis.jpg)
![](https://www.borealisgroup.com/storage/2007a_Acquisition-of-Agrolinz-Melamine-International-GmbH_c_Borealis.jpg)
![](https://www.borealisgroup.com/storage/_400xAUTO_fit_center%20center_85_none/2007b_Launch-of-Water-for-the-World™_c_Borealis.png)
![](https://www.borealisgroup.com/storage/_400xAUTO_fit_center%20center_85_none/2008a_V1_Mark-Garrett-becomes-Borealis-Chief-Executive-and-Chairman-of-the-Executive-Board_c_Borealis.jpg)
![](https://www.borealisgroup.com/storage/_400xAUTO_fit_center%20center_85_none/2008b_Launch-of-Borealis-Social-Fund_c_Borealis.jpg)
![](https://www.borealisgroup.com/storage/_400xAUTO_fit_center%20center_85_none/2010a_Inauguration-of-low-density-polyethylene-LDPE-plant-following-major-investment-in-Stenungsund-Sweden_c_Borealis.jpg)
![](https://www.borealisgroup.com/storage/_400xAUTO_fit_center%20center_85_none/2010b_2_Appearance-of-Borealis-Borouge-and-Nova-Chemicals-together-at-joint-event_c_Borealis.jpg)
![](https://www.borealisgroup.com/storage/_400xAUTO_fit_center%20center_85_none/2011a_Investment-in-steam-cracker-plant-in-Stenungsund-Sweden_c_Borealis.jpg)
![](https://www.borealisgroup.com/storage/_400xAUTO_fit_center%20center_85_none/2011b_Extension-of-LINZER-AGRO-TRADE_c_Borealis.jpg)
![](https://www.borealisgroup.com/storage/_400xAUTO_fit_center%20center_85_none/2011c_Launch-of-Winning-through-Excellence-programme_c_Borealis.png)
![](https://www.borealisgroup.com/storage/2012a_Acquisition-of-PEC-Rhin-S.A.-from-GPN_c_Borealis.jpg)
![](https://www.borealisgroup.com/storage/_400xAUTO_fit_center%20center_85_none/2012b_Launch-of-Borlink™_c_Borealis.jpg)
![](https://www.borealisgroup.com/storage/_400xAUTO_fit_center%20center_85_none/2012c_Receipt-of-Giulio-Natta-Award-2012_c_Gianni-Bersanetti.jpg)
![](https://www.borealisgroup.com/storage/2013a_Acquisition-of-DEXPlastomers-in-Geleen-The-Netherlands_c_Borealis.jpg)
![](https://www.borealisgroup.com/storage/2013b_Inauguration-of-revolutionary-Sirius-catalyst-plant-in-Linz-Austria_c_Borealis.jpg)
![](https://www.borealisgroup.com/storage/2014a_Borealis-celebrates-its-20th-anniversary-marking-the-event-with-new-positioning-and-a-new-slogan_c_Borealis.png)
![](https://www.borealisgroup.com/storage/_400xAUTO_fit_center%20center_85_none/2014b_Step-change-HVDC-innovation_c_Borealis.jpg)
![](https://www.borealisgroup.com/storage/_400xAUTO_fit_center%20center_85_none/2014c_Launch-of-N-Pilot®_c_Borealis.jpg)
![](https://www.borealisgroup.com/storage/_400xAUTO_fit_center%20center_85_none/2014d_Borouge-3-start-up_c_Borealis.jpg)
![](https://www.borealisgroup.com/storage/_400xAUTO_fit_center%20center_85_none/2015a_Record-net-profit-of-EUR-988-million-in-2015_c_Borealis.jpg)
![](https://www.borealisgroup.com/storage/_400xAUTO_fit_center%20center_85_none/2015b_Ongoing-investment-in-cracker-upgrade-and-revamp-in-Stenungsund-Sweden_c_Borealis.jpg)
![](https://www.borealisgroup.com/storage/_400xAUTO_fit_center%20center_85_none/2015c_V1_Plant-turnarounds-in-Porvoo-Finland-and-Stenungsund-Sweden_c_Borealis.jpg)
![](https://www.borealisgroup.com/storage/_400xAUTO_fit_center%20center_85_none/2015d_V2_Investment-in-facilities-in-Itatiba-Brazil-to-expand-South-American-presence_c_Borealis.jpg)
![](https://www.borealisgroup.com/storage/_400xAUTO_fit_center%20center_85_none/1995b_Commitment-to-Responsible-Care®-Global-Charter-implementation_c_Borealis.png)
![](https://www.borealisgroup.com/storage/_400xAUTO_fit_center%20center_85_none/2015f_His-Excellency-Suhail-Mohamed-Faraj-Al-Mazrouei-becomes-Chairman-and-Rainer-Seele-Vice-Chairman-of-the-Supervisory-Board.jpg)
![](https://www.borealisgroup.com/storage/_400xAUTO_fit_center%20center_85_none/2015g_Successful-start-up-of-all-Borouge-3-polyolefins-plants_c_Borouge.jpg)
![](https://www.borealisgroup.com/storage/_400xAUTO_fit_center%20center_85_none/2015h_Inauguration-of-new-Borouge-Innovation-Centre-in-Abu-Dhabi-UAE_c_Borouge.jpg)
![](https://www.borealisgroup.com/storage/_400xAUTO_fit_center%20center_85_none/2015i_Extension-of-successful-OMV-supply-agreement-in-Austria-and-Germany-to-202811_c_OMV.jpg)
![](https://www.borealisgroup.com/storage/_400xAUTO_fit_center%20center_85_none/2015j_Joint-venture-agreement-with-Neste-and-Veolia-to-build-new-combined-heat-and-power-plant-in-Porvoo-Finland_c_Borealis.jpg)
![](https://www.borealisgroup.com/storage/_400xAUTO_fit_center%20center_85_none/2016c_Borouge-3-plant-expansion-project-successfully-completed_c_Borouge.jpg)
![](https://www.borealisgroup.com/storage/2016a_Safety-first-yet-another-step-closer-to-Goal-Zero-with-a-TRI-rate-per-million-hours-worked-of-0.9_c_Borealis.jpg)
![](https://www.borealisgroup.com/storage/2016b_Record-net-profit-of-EUR-1.1-billion-in-2016_c_Borealis.jpg)
![](https://www.borealisgroup.com/storage/_400xAUTO_fit_center%20center_85_none/2016d_Acquisition-of-German-recyclers-mtm-plastics-GmbH-and-mtm-compact-GmbH_c_mtm-plastics.jpg)
![](https://www.borealisgroup.com/storage/_400xAUTO_fit_center%20center_85_none/2016e_Navigator-Gas-agreement-ensures-security-of-ethane-supply-for-production-facilities-in-Stenungsund-Sweden_c_Navigator.jpg)
![](https://www.borealisgroup.com/storage/_400xAUTO_fit_center%20center_85_none/2016f_Feasibility-study-for-construction-of-world-scale-dehydrogenation-plant-in-Kallo-Belgium_c_Borealis.jpg)
![](https://www.borealisgroup.com/storage/_400xAUTO_fit_center%20center_85_none/2016g_Investment-in-melamine-and-fertilizer-plants-in-Linz-Austria_c_Borealis.jpg)
![](https://www.borealisgroup.com/storage/_400xAUTO_fit_center%20center_85_none/2016h_Investment-in-turnaround-in-Ottmarsheim-France_c_Borealis.jpg)
![](https://www.borealisgroup.com/storage/_400xAUTO_fit_center%20center_85_none/2016i_Investment-in-cracker-upgrade-in-Porvoo-Finland_c_Borealis.jpg)
![](https://www.borealisgroup.com/storage/_400xAUTO_fit_center%20center_85_none/2016j_Agreement-signed-to-build-new-power-plant-in-Porvoo-Finland_c_Borealis.jpg)
![](https://www.borealisgroup.com/storage/_400xAUTO_fit_center%20center_85_none/2016k_Borealis-Borouge-and-NOVA-Chemicals-at-K-Fair-2016_c_Borealis.png)
![](https://www.borealisgroup.com/storage/_400xAUTO_fit_center%20center_85_none/2016l_Borstar®-based-Full-PE-Laminate-solution-improves-recyclability-of-flexible-packaging-materials_c_Borealis.jpg)
![](https://www.borealisgroup.com/storage/_400xAUTO_fit_center%20center_85_none/2016m_Borceed™-becomes-new-brand-name-for-the-Queo™-platform-whose-portfolio-of-plastomers-is-simultaneously-extended_c_Borealis.jpg)
![](https://www.borealisgroup.com/storage/_400xAUTO_fit_center%20center_85_none/2017A-Borealis-and-Nova-Chemicals-enter-preliminary-agreement-with-Total.jpg)
![](https://www.borealisgroup.com/storage/_400xAUTO_fit_center%20center_85_none/2017B-Global-launch-of-pioneering-solar-umbrealla-brand-Quentys.jpg)
![](https://www.borealisgroup.com/storage/_400xAUTO_fit_center%20center_85_none/Automotive-New.jpg)
![](https://www.borealisgroup.com/storage/_400xAUTO_fit_center%20center_85_none/2017C-Adnoc-and-Borealis-sign-agreement.jpg)
![](https://www.borealisgroup.com/storage/_400xAUTO_fit_center%20center_85_none/2017D-Dehydrogenation-plant-in-Kallo.jpg)
![](https://www.borealisgroup.com/storage/_400xAUTO_fit_center%20center_85_none/2017E-Launch-of-Borstar-Bimodal-Terpolymer-Technology-and-flagship-brand-Anteo.jpg)
![](https://www.borealisgroup.com/storage/_400xAUTO_fit_center%20center_85_none/2017F-Borlink-extruded-high-voltage-direct-current-technology.jpg)
![](https://www.borealisgroup.com/storage/_400xAUTO_fit_center%20center_85_none/2018b-Borealis-and-UCC-sign-Joint-Development-Agreement.jpg)
![](https://www.borealisgroup.com/storage/_400xAUTO_fit_center%20center_85_none/2018c_Alfred-Stern-appointed-new-CEO.jpg)
![](https://www.borealisgroup.com/storage/_400xAUTO_fit_center%20center_85_none/2018d_Total-Borealis-and-NOVA-Chemicals-close-their-Bayport-Polymers-Joint-Venture.jpg)
![](https://www.borealisgroup.com/storage/2018e_Borealis-ompletes-EUR-15-million-investment-project-mtm-plastics-GmbH.jpg)
![](https://www.borealisgroup.com/storage/2018a_Borealis-inaugurated-newly-expanded-high-voltage-testing-centre-in-Stenungsund.jpg)
![](https://www.borealisgroup.com/storage/2018g_Borealis-to-build-750000-tonneyear-propane-dehydrogenation-plant-in-Belgium.jpg)
![](https://www.borealisgroup.com/storage/2018h_Project-STOP-Ocean-Plastic.jpg)
![](https://www.borealisgroup.com/storage/2018i_Borealis-launches-the-communication-plastform-EverMinds.png)
![](https://www.borealisgroup.com/storage/_400xAUTO_fit_center%20center_85_none/2019A_Launch-of-circular-economy-related-product-innovations-at-K-2019-in-Düsseldorf-Germany.png)
![](https://www.borealisgroup.com/storage/_400xAUTO_fit_center%20center_85_none/2019B_Launch-of-circular-economy-related-product-innovations-at-K-2019-in-Düsseldorf-Germany.jpg)
![](https://www.borealisgroup.com/storage/_400xAUTO_fit_center%20center_85_none/2019C_Introduction-of-new-Borcycle™-brand.jpg)
![](https://www.borealisgroup.com/storage/_400xAUTO_fit_center%20center_85_none/2019D_ReOil-collaboration-with-OMV-advances-chemical-recycling-of-post-consumer-plastics.jpg)
![](https://www.borealisgroup.com/storage/_400xAUTO_fit_center%20center_85_none/2019E_Strategic-co-operation-with-Neste-to-produce-renewable-polypropylene.jpg)
![](https://www.borealisgroup.com/storage/_400xAUTO_fit_center%20center_85_none/2019F_Production-capacity-increased-by-60-at-plastics-recycling-facility-in-Wildon.jpg)
![](https://www.borealisgroup.com/storage/_400xAUTO_fit_center%20center_85_none/2019G_Groundbreaking-ceremonies-in-Kallo-for-world-scale-propane-dehydrogenation-plant.jpg)
![](https://www.borealisgroup.com/storage/_400xAUTO_fit_center%20center_85_none/2019H_new-Borstar®-polyethylene-unit.jpg)
![](https://www.borealisgroup.com/storage/_400xAUTO_fit_center%20center_85_none/2019I_Memorandum-of-Understanding-MoU-with-ADNOC-Adani-and-BASF.jpg)
![](https://www.borealisgroup.com/storage/_400xAUTO_fit_center%20center_85_none/2020_DYM-solution-Co.jpg)
![](https://www.borealisgroup.com/storage/_400xAUTO_fit_center%20center_85_none/2020_Baystar.jpg)
![](https://www.borealisgroup.com/storage/_400xAUTO_fit_center%20center_85_none/2020_Bornewables.jpg)
![](https://www.borealisgroup.com/storage/_400xAUTO_fit_center%20center_85_none/2020_Röni-Kuva-Oy.jpg)
![](https://www.borealisgroup.com/storage/_400xAUTO_fit_center%20center_85_none/2020_Neste-produced-feedstock_Kallo.jpg)
![](https://www.borealisgroup.com/storage/_400xAUTO_fit_center%20center_85_none/2020_Otary.jpg)
![](https://www.borealisgroup.com/storage/_400xAUTO_fit_center%20center_85_none/2020_European-Investment-Bank-EIB.jpg)
![](https://www.borealisgroup.com/storage/_400xAUTO_fit_center%20center_85_none/2020_Crosslinked-polyethylene-power-cables.jpg)
![](https://www.borealisgroup.com/storage/_400xAUTO_fit_center%20center_85_none/2020_Borealis-signs-manifesto-urging-UN-to-draft-treaty-on-global-plastic-pollution.jpg)
![](https://www.borealisgroup.com/storage/_400xAUTO_fit_center%20center_85_none/2020_Project-STOP.jpg)
![](https://www.borealisgroup.com/storage/News/2020/2020-06-24/_400xAUTO_fit_center-center_85_none/C2PAT_Infografik_Dekarbonisierung_062020_EN-cf.jpg)
![](https://www.borealisgroup.com/storage/News/2021/2021-02-03/_400xAUTO_fit_center-center_85_none/Thomas-Gangl_c_OMV-AG.jpg)
photo: © OMV AG
![](https://www.borealisgroup.com/storage/News/2021/2021-01-14/_400xAUTO_fit_center-center_85_none/Hands-holding-MaterialcBorealis-and-Tomra.jpg)
![](https://www.borealisgroup.com/storage/News/2021/2021-05-05/_400xAUTO_fit_center-center_85_none/Qpinch-start-up_c-Borealis.jpg)
![](https://www.borealisgroup.com/storage/News/2021/2021-05-20/_400xAUTO_fit_center-center_85_none/Aerial-view-of-Borealis-location-in-Kallo-Belgium_cBorealis.jpg)
© Borealis
![](https://www.borealisgroup.com/storage/News/2021/2021-06-07/_400xAUTO_fit_center-center_85_none/Greiner-Borealis-IML-joghurt-cup_75_4_c_Greiner-Packaging.jpg)
© Greiner Packaging
![](https://www.borealisgroup.com/storage/News/2021/2021-06-08/_400xAUTO_fit_center-center_85_none/136037/Muncar_waste-sorting-2-1_c_Project-STOP.jpg)
© Project STOP
![](https://www.borealisgroup.com/storage/News/2021/2021-07-01/_400xAUTO_fit_center-left_85_none/Renasci-location-in-Oostende-Belgium_c_Renasci.jpg)
© Renasci
![](https://www.borealisgroup.com/storage/News/2021/2021-08-26/_400xAUTO_fit_center-center_85_none/Emmi-Caffè-Latte.png)
© Emmi
![](https://www.borealisgroup.com/storage/News/2021/2021-09-23/_400xAUTO_fit_center-center_85_none/Capacitor-Film_cBorealis.jpg)
© Borealis
![](https://www.borealisgroup.com/storage/News/2021/2021-11-15/_400xAUTO_fit_center-center_85_none/Borouge-4-Signing-2_c_©-Abu-Dhabi-Government-Media-Office.jpg)
© Abu Dhabi Government Media Office
![](https://www.borealisgroup.com/storage/News/2021/2021-12-15/_400xAUTO_fit_center-center_85_none/Bockatech-EcoCore-applications_cBockatech.jpg)
© Bockatech
![](https://www.borealisgroup.com/storage/News/2022/2022-02-11/_400xAUTO_fit_center-center_85_none/B4-grounbreaking_c-Abu-Dhabi-Government-Media-Office.jpg)
© Abu Dhabi Government Media Office
![](https://www.borealisgroup.com/storage/News/2022/2022-02-21-STOP/_400xAUTO_fit_center-center_85_none/Project-STOP_Muncar-Hand-over-celebration_c_Project-STOP.jpg)
© Project STOP
![](https://www.borealisgroup.com/storage/News/2022/2022-06-03/_400xAUTO_fit_center%20center_85_none/DSC00014.jpg)
© ADNOC
![](https://www.borealisgroup.com/storage/News/2022/2022-07-21-Baystar/_400xAUTO_fit_center%20center_85_none/Map-Baystar_en.png)
© Borealis
![](https://www.borealisgroup.com/storage/News/2022/2022-06-28/_400xAUTO_fit_center%20center_85_none/Borealis-Location-Porvoo-Finland-Air-View-cBorealis.jpg)
© Röni Kuva Oy
![](https://www.borealisgroup.com/storage/News/2022/2022-10-19-BorNex-TECH/_400xAUTO_fit_center%20center_85_none/Borealis-location-Burghausen-Germany__cBorealis.jpg)
© Borealis
![](https://www.borealisgroup.com/storage/News/2022/2022-10-19-Media-Intro-BB/_400xAUTO_fit_center%20center_85_none/395852/Z60_8107.jpg)
© Borealis
![](https://www.borealisgroup.com/storage/News/2022/2022-10-19-Lighthouse/_400xAUTO_fit_center%20center_85_none/Borealis_Circular-Cascade-Model_EN_cBorealis.jpg)
© Borealis
![](https://www.borealisgroup.com/storage/News/2022/2022-12-07-PPA-Eneco/_400xAUTO_fit_center%20center_85_none/Borealis-and-Eneco-sign-new-power-purchase-agreement_1_cOTARY.jpg)
© Otary
![](https://www.borealisgroup.com/storage/News/2022/2022-10-04-Verbund/_400xAUTO_fit_center%20center_85_none/Borealis-Linz_Aerial-view_cBorealis.jpg)
© Borealis
![](https://www.borealisgroup.com/storage/News/2023/2023-03-27/_400xAUTO_fit_center%20center_85_none/Fractionation-Lab-2017_007_Internet_cBorealis.jpg)
© Borealis
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© Borealis
![](https://www.borealisgroup.com/storage/News/2023/2023-07-10/_400xAUTO_fit_center-center_85_none/STE_furnace_SFRP-2023_Borealis-002.jpg)
© Borealis
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© Borealis
![](https://www.borealisgroup.com/storage/News/2023/2023-09-18/_400xAUTO_fit_center-center_85_none/6.-ⒸProject-STOP-Banyuwangi_Banyuwangi-Hijau-Inauguration-16-Sep-2023-small.jpg)
© Project STOP
![](https://www.borealisgroup.com/storage/News/2023/2023-10-02/_400xAUTO_fit_center-center_85_none/Baystar-Bay-3-polyethylene-PE-c-Baystar.jpg)
© Baystar
![](https://www.borealisgroup.com/storage/News/2023/2023-06-30/_400xAUTO_fit_center-center_85_none/575361/cRialti_RIALTI-SPA-aerial-view_2023-07-13-121401_qtku.jpg)
©Rialti
![](https://www.borealisgroup.com/storage/News/2024/2024-03-04/_400xAUTO_fit_center-center_85_none/Vattenfall_Laxede-power-plant_c_Jennie-Lind-Vattenfall.jpg)
© Jennie Lind/Vattenfall