Photo: Borealis Once Again Tops the European Patent Index 2024 in Austria
© Borealis
Borealis is proud to announce that it has once again been ranked as the top innovator in Austria according to the European Patent Index 2024. This great achievement underlines the company’s unwavering dedication to innovation and the continued commitment to delivering sustainable solutions to its customers.
When pushing the boundaries of technology, Borealis aims to protect its innovations with strong intellectual property rights. In 2024, Borealis filed a total of 121 priority patent applications. The Group holds an extensive patent portfolio of around 12,300 patents in total, including granted patents and pending patent applications.
In recent years the majority of patent application filings has been in the following areas:
These innovations, underlining the company’s commitment to providing sustainable solutions to society’s most pressing sustainability challenges, are designed to meet the evolving needs of our customers across various industries and enhance Borealis’ position as a leading licensor and innovator.
Stefan Doboczky, CEO of Borealis, emphasizes the importance of patents and innovation for the company: "We are proud to consistently be ranked as Austria’s top innovator for 2024. Our innovations ensure that our customers receive cutting-edge and sustainable products. This recognition is a testament to our continuous efforts to push the boundaries of what's possible and to develop innovative solutions that address the critical sustainability challenges of our time, such as climate change, environmental pollution, and rising energy costs."
Borealis remains dedicated to creating value through innovation, true to its purpose of "Re-inventing Essentials for Sustainable Living." Minimizing waste creation and climate impact are at the core of its customers' and society's needs. The company’s technology developments and patent portfolio are growing strongly in these areas, resulting in value-added solutions for customers.
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This media release is also available in German language.
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 customers in over 120 countries and head office in Vienna, Austria, Borealis employs around 6,000 people. In 2023, we generated a net profit of EUR 216 million. OMV, the integrated energy, fuels & feedstock and chemicals company headquartered in Vienna, Austria, 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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Group Media Desk
+43 1 22 400 899 (Vienna, Austria)
