Finnish cooperation

Borealis strengthens its long-term commitment to the production site in Porvoo, Finland, with a 10 year contract with Neste Oil to supply feedstock and further investment in the site's innovation capabilities.The agreement covers all feedstock and product streams between the Neste Oil refinery and Borealis' production plants as well as related logistics services. The 10-year contract continues the cooperation of both companies in the areas of asset development and business optimisation as well as health, safety and environment. To further develop its innovation capabilities in the Finnish site, the company is investing 5 million euro in the existing Borstar pilot plant. The investment increases the range of innovative products from Porvoo to include PE125 pipe material, enhanced LLDPE film and specialities for high density film and moulding products.