Borealis invests € 40 million in propylene production

07 Jun '16

2 min read

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)

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