Headquartered in Vienna, Austria, Borealis is one of the largest polyolefin producers in the world and co-owner of Borouge of Abu Dhabi.
Borealis is a leading provider of innovative solutions in the fields of polyolefins, base chemicals and fertilizers.
With its head office in Vienna, Austria, the company currently has around 6,600 employees and operates in over 120 countries.
Borealis provides services and products to customers around the world in collaboration with Borouge, a joint venture with the Abu Dhabi National Oil Company (ADNOC).
Building on its proprietary Borstar® and Borlink™ technologies and more than 50 years of experience in polyolefins, Borealis and Borouge support key industries with a wide range of applications in the areas of energy, automotive, pipes, consumer products, healthcare, and advanced packaging.
The Borouge 3 plant expansion made Borouge the world’s largest integrated polyolefins complex. Now fully ramped up, the additional 2.5 million tons of polyolefins capacity yield a total Borouge capacity of 4.5 million tons, and a combined Borealis and Borouge capacity of 8 million tons.
Borealis offers a wide range of base chemicals, including melamine, phenol, acetone, ethylene, propylene, butadiene and pygas, servicing a wide range of industries. Borealis also creates real value for the agricultural industry, selling approximately 5 million tons of fertilizers. Technical nitrogen and melamine products complement the portfolio with applications ranging from mono-nitrogen oxide (NOx) abatement to glues and laminates in the wood working industry.
Borealis generated EUR 7.2 billion in sales revenue and a net profit of EUR 1,107 million in 2016.
Mubadala owns 64% of the company, with the remaining 36% belonging to Austria-based OMV, an integrated, international oil and gas company.
Mubadala has a long-standing relationship with its portfolio companies Borealis and OMV which has resulted in key partnership. Borouge, is a 50:50 JV between Borealis and ADNOC focused on petrochemicals manufacturing in Abu Dhabi.
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