Borealis to Invest EUR 65 Million in Porvoo Borstar PE Plant

IndustrialsChemicals ♦ Published: June 28, 2013; 09:28 ♦ (Vindobona)

Borealis, a leading provider of innovative solutions in the fields of polyolefins, base chemicals and fertilizers, has announced a major upgrading project at its production site in Porvoo, Finland.

Borealis to Invest EUR 65 Million in Porvoo Borstar PE Plant / Picture: © Borealis

An investment of EUR 65 million will serve to upgrade the Borstar PE2 plant technology to the third generation (3G), thereby extending the Borstar PE platform. This investment follows on the heels of one announced earlier this year, namely the EUR 25 million investment in the installation of a new hot oil heater unit at the phenol complex of the Porvoo plant.

Borstar® is the…