Borealis AG - Company Profile
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Borealis AG (Borealis) a subsidiary of OMV AG, is a global leader in providing chemical and polyolefin solutions. The company's main activities include developing new approaches, technologies, and products to address global challenges in areas such as climate, energy, food, health, water and sanitation, waste, and recycling solutions. Borealis offers a range of products and services, including innovative and circular material solutions for key industries. The company's products and services cater to customers across various industries, providing applications that support sustainable living. Borealis supplies its offerings through a network of customer service centers, production plants, and recycling plants located in multiple countries. The company has a global presence with sales and representative offices in regions such as Europe, the Americas, and the Middle East. Borealis is headquartered in Vienna, Austria.
Headquarters
Austria
Address
Trabrennstr. 6-8, Vienna, Wien, 1020
Website
www.borealisgroup.com
Telephone
43 122 400300
No of Employees
6,090
Industry
Chemicals
Revenue (2024)
$8.5B
Borealis AG premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Polyolefins: | Ambicat |
| Elastomers | Borcoat |
| Plastomers | Borclean |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Contracts/Agreements | In December, the company entered into an agreement to sell a majority stake in Renasci to BlueAlp, a chemical recycling technology company. |
| 2025 | Corporate Changes/Expansions | In June, the company changed its name from Borealis AG to Borealis GmbH. |
| 2025 | New Products/Services | In April, the company announced the launch of a full polyethylene (PE) laminate containing 35% PCR content from Ecoplast, and a simplified monomaterial PE structure with 40% PCR. |
Competitor Comparison
| Key Parameters | Borealis AG | LyondellBasell Industries NV | China XD Plastics Co Ltd | ExxonMobil Chemical Co | Ineos Group AG |
|---|---|---|---|---|---|
| Headquarters | Austria | United Kingdom | United States of America | United States of America | Switzerland |
| City | Vienna | London | New York City | Houston | Rolle |
| State/Province | Wien | Greater London | New York | Texas | Waadt |
| No. of Employees | 6,090 | 18,970 | - | - | 19,000 |
| Entity Type | Private | Public | Private | Private | Private |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Alfred Stern | Chairman | Executive Board | 2025 | - |
| Stefan Doboczky | Chief Executive Officer | Senior Management | 2024 | - |
| Daniel Turnheim | Chief Financial Officer | Senior Management | 2023 | - |
| Hetal Patel | Vice Chairman | Executive Board | 2024 | - |
| Craig Arnold | Executive Vice President - Commercial | Senior Management | 2025 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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