Home / Knowledge / News / Textiles / Borealis invests € 40 million in propylene production
Borealis invests € 40 million in propylene production
07
Jun '16
Courtesy- Borealis
Courtesy- Borealis
Borealis, a leading provider of innovative solutions in the fields of polyolefins, has invested € 40 million to upgrade its steam cracker in Porvoo, Finland. The upgrade will enhance the cracker's energy efficiency, yield higher production capacities for propylene and crude C4, and enables an overall higher production quality of propylene.

The investment in the cracker will further enhance its performance by boosting capacity and improving energy efficiency. The production capacity of propylene and crude C4 will increase by 30 kilo tonnes per annum and 10 kilo tonnes per annum, respectively.

“Investing in upgrades and capacity expansion at strategic Borealis production locations such as Porvoo enables us to improve the competitiveness of our strong, integrated polyolefins business in Europe. Through continuous investments, Borealis is securing its position among the most innovative and reliable polyethylene and polypropylene suppliers in Europe,” said Markku Korvenranta, Borealis executive vice president base chemicals.

Flexible, integrated steam crackers and their associated production units form the backbone of the Borealis olefins and polyolefins portfolio in Europe. Borealis sources basic feedstocks such as naphtha, butane, propane and ethane from the oil and gas industry and converts these into ethylene, propylene and other high value hydrocarbons. (NA)

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: American Apparel

Apparel/Garments | On 25th Feb 2017

Gildan to make some American Apparel products outside US

Gildan Activewear, which recently acquired US fashion brand American...

Courtesy: Kolon Sport

Apparel/Garments | On 25th Feb 2017

Kolon Sport to set up JV with ANTA for Chinese market

Kolon Sport, an outdoor gear and clothing brand of Korea based Kolon...

Designer Karishma Jumani with Niraj Jawanjal, founder and director of IIFW. Courtesy: IIFW

Textiles | On 25th Feb 2017

IIFW to bring together premium lingerie brands

India Intimate fashion Week (IIFW), dedicated to showcasing the...

Interviews View All

Rashi Menda
Zapyle

Every fifth sale we make on Zapyle is a repeat purchase

Asim Dalal
Indo Count Retail Ventures

Today, there is no other emerging market as India, "we make in India and...

Md Hanifur Rahman
Aman Group

The level of understanding the job role and organisational requirements...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
February 2017

February 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search