Borealis remains committed to value creation through innovation. True to our purpose Re-inventing Essentials for Sustainable Living, we are committed to innovation in order to provide intelligent and sustainable solutions to society’s most pressing challenges, such as climate change, environmental pollution and rising energy costs.
Borealis remains committed to value creation through innovation. True to our purpose Re-inventing Essentials for Sustainable Living, we are committed to innovation in order to provide intelligent and sustainable solutions to society’s most pressing challenges, such as climate change, environmental pollution and rising energy costs. By developing cutting-edge technologies and product solutions, Borealis is spearheading the transition to a circular economy with zero CO2 emissions.
Patents are essential to protect innovative ideas when creating new processes, technologies, and applications. In 2023, Borealis filed 128 new priority patent applications, once again ranking as number one top filer in the European Patent Index 2023. In total, Borealis’ extensive patent portfolio consists of approximately 8,900 granted patents and approximately 3,200 patent applications through to the end of 2023.
“Innovation is the cornerstone of our success. We are therefore proud to have been consistently recognized by the European Patent Index for years as one of the leading innovators in Austria and again been ranked number one for 2023,” says Thomas Gangl, Borealis CEO. “This recognition is a testament to our commitment to innovation and our ability to develop cutting-edge solutions that address the most pressing challenges of our time.
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About Borealis
Borealis is one of the world’s leading providers of advanced and sustainable polyolefin solutions. In Europe, Borealis is also an innovative leader in polyolefins recycling and a major producer of base chemicals. We leverage our polymer expertise and decades of experience to offer value-adding, innovative and circular material solutions for key industries such as consumer products, energy, healthcare, infrastructure and mobility.
With operations in over 120 countries and head offices in Vienna, Austria, Borealis employs around 6,000 people. In 2022, we generated a net profit of EUR 2.1 billion. OMV, the Austria-based international energy, fuels & feedstock and chemicals & materials company, owns 75% of our shares. The Abu Dhabi National Oil Company (ADNOC), based in the United Arab Emirates (UAE), owns the remaining 25%.
In re-inventing essentials for sustainable living, we build on our commitment to safety, our people, innovation and technology, and performance excellence. We are accelerating the transformation to a circular economy of polyolefins and expanding our geographical footprint to better serve our customers around the globe. Our operations are augmented by two important joint ventures: Borouge (with ADNOC, headquartered in the UAE); and Baystar™ (with TotalEnergies, based in the US).
www.borealisgroup.com | www.borealiseverminds.com
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