Borealis AG - Company Profile
Powered by 
All the data and insights you need on Borealis AG in one report.
$295
- Save hours of research time and resources with
our up-to-date Borealis AG Strategy Report
- Understand Borealis AG position in the market,
performance and strategic initiatives.
- Gain competitive edge and increase your
chances of success
Get in touch about GlobalData Company reports
Contact the team or request a demo to find out how our data can drive your business forward
Borealis AG (Borealis) a subsidiary of Mubadala Investment Co, is a provider of solutions in the fields of polyolefins, base chemicals, and fertilizers. It manufactures and commercializes polyethylene and polypropylene. The company's product portfolio consists of melamine, phenol, acetone, and ethylene, propylene, and polyolefin compounds. Borealis also provides plastics solutions to the infrastructure, automotive, and advanced packaging industries. The company develops these products using its proprietary Borstar and Borlink technologies. Borealis operates through a network of innovation centers, manufacturing facilities, customer service centers and representative offices, subsidiaries, and affiliates. The company has operations in EU countries, the US, Middle East, and Asia. Borealis is headquartered in Vienna, Austria.
Headquarters
Austria
Address
Trabrennstr. 6-8, Vienna, Wien, 1020
Website
www.borealisgroup.com
Telephone
43 122 400300
No of Employees
7,649
Industry
Chemicals
Revenue (2022)
$12.3B
Borealis AG premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Polyolefins: | BorECO |
| Polyolefin Compounds | Nepol |
| Polypropylene Material Solutions | Bormed |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Financing Agreements | In April, the company invested EUR4.5 million in the cracker furnaces of its olefins unit in Porvoo, Finland. |
| 2024 | Acquisitions/Mergers/Takeovers | In April, the company acquired Integra Plastics AD. |
| 2023 | Plans/Strategy | In December, the company announced its plans to merge with Borouge. |
Competitor Comparison
| Key Parameters | Borealis AG | LyondellBasell Industries NV | China XD Plastics Co Ltd | ExxonMobil Chemical Co | Ineos Group AG |
|---|---|---|---|---|---|
| Headquarters | Austria | United Kingdom | United States of America | United States of America | Switzerland |
| City | Vienna | London | New York | Houston | Rolle |
| State/Province | Wien | Greater London | New York | Texas | Waadt |
| No. of Employees | 7,649 | 20,000 | - | - | 19,000 |
| Entity Type | Private | Public | Private | Private | Private |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Thomas Gangl | Chief Executive Officer | Senior Management | 2021 | - |
| Mark J. S. Tonkens | Chief Financial Officer | Senior Management | 2014 | - |
| Alfred Stern | Chairman | Executive Board | 2021 | - |
| Michael Schenk | Vice President - Treasury; Vice President - Funding | Senior Management | 2023 | - |
| Jonatas Melo | Vice President - Performance Materials | Senior Management | 2022 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Still looking?
Have you found what you were looking for? From start-ups to market leaders, uncover what they do and how they do it.
Explorer
Access more premium companies when you subscribe to Explorer