The polyolefins supplier told PlasticsToday it intends to double its capacity in Brazil, where it runs two plants in a joint venture with Braskem. In other news, the company is investing in personnel and technology to help increase even more the number of polypropylene applications in automotive, including underhood ones.
Borealis executives Harald Hammer and Jost Laumeyer spoke with PlasticsToday last week during the annual Plastics in Automotive Engineering event organized by the Germans engineers' association, the VDI, in Mannheim, Germany. Hammer is VP of the supplier's Mobility business unit; Laumeyer is marketing manager for the same BU.
Hammer said that the Brazilian joint venture, formed in 2001 and 80% owned by Borealis, needs new capacity to meet demands out of many different markets there, including automotive. The supplier has announced a number of expansions in the past years, and one of those, its Borouge 2 plant in the Middle East, recently came online. Borouge is a joint venture between the Abu Dhabi National Oil Co. (ADNOC) and Borealis; the two began building the Borouge 2 plant in late 2007. The companies also have opened a polyolefins compounding facility in Shanghai, China. In Mannheim, Hammer said material from that facility increasingly is being tapped by domestic Chinese carmakers as these increase their use of plastics in passenger cars and trucks. "In Asia, OEMs are moving very quickly to cut weight and reduce CO2 emissions," he added....