Borealis, Borouge and NOVA Chemicals invite you to Open Your Mind at K 2013
(Thomson Reuters ONE) -
NOVA Chemicals Corporation, 1000 Seventh Avenue S.W., Calgary, Alberta, Canada
T2P 5L5
www.novachemicals.com | 403.750.3600 tel
Borealis, Borouge and NOVA Chemicals invite you to Open Your Mind at K 2013
Stand 6A43 Hall 6
K 2013, October 16 - 23, 2013
Düsseldorf, Germany
Calgary, Alberta (October 16, 2013) - At K 2013, Borealis, Borouge and NOVA
Chemicals invite you to "Open Your Mind" and explore exciting possibilities for
innovation and sustainability driven by their new approaches and cutting-edge
plastics solutions (Stand 6A43 Hall 6).
These three polyolefin producers are among the world's leading providers of
chemical and innovative plastics solutions, and are under the cross ownership of
the International Petroleum Investment Company (IPIC), OMV and the Abu Dhabi
National Oil Company (ADNOC), who are all strongly committed to their growth.
Whilst operating as separate entities, Borealis, Borouge and NOVA Chemicals will
come together at K 2013 to clearly demonstrate the value created for customers
through continuous investments that expand the companies' capabilities and
offerings.
Innovation is at the core of each of the companies, with the common goal of
making a sustainable contribution and delivering a competitive edge to customers
across a diverse range of markets. This common strategy will be reflected in
their polypropylene (PP) and polyethylene (PE) products and technologies
presented at this year's event for infrastructure, automotive and advanced rigid
and flexible packaging applications.
Borealis
"Borealis' products make a substantial contribution to addressing global
challenges around topics such as energy, climate protection, healthcare,
communication, food and water, at the same time as advancing productivity
improvement and product differentiation," says Mark Garrett, Borealis Chief
Executive. "By opening their mind to the new approaches and smart and simple
value creation behind our innovations, our customers can stay ahead of the game
and make a difference in the world."
At K 2013 Borealis highlights include lightweight solutions for the automotive
sector to reduce vehicle weight and improve overall sustainability by lowering
carbon emissions. Borealis will also feature product innovations in surface
aesthetics that meet manufacturers' demands for defect-free surfaces and help
them capitalise on the benefits of reduced production costs, lower environmental
impact and optimised production cycle times. In addition, Borealis will showcase
a major technological breakthrough for advanced packaging applications focused
on securing sustainable and long-term supply for the extrusion coating industry;
a step-change innovation to promote reduction in sterilisation time for
healthcare applications; and pipe materials offering higher chlorine resistance
that enable the production of pipes that last at least three times longer than
conventional polyethylene pipes.
Borouge
Borouge is committed to supplying innovative PP and PE based solutions that
address the market demand for infrastructure, automotive components and advanced
packaging. At K 2013, Borouge will highlight its differentiated solutions such
as a new PP BorPure(TM) homopolymer for moulders and end-users in the food
industry in the Middle East and Asia who are facing increasingly stringent
processing and packaging end-user requirements.
"The K 2013 provides an ideal platform for us to demonstrate our innovative,
value creating plastics solutions and technologies and reinforce our commitment
to meet our customers' current and future needs," says Wim Roels, CEO of
Borouge's Marketing & Sales Company. "Our ongoing investment in people and
infrastructure reflects our exciting journey of growth, innovation and
sustainability and confirms our commitment to our customers and the markets we
serve."
In 2014, Borouge will start up three new PE plants and two new PP plants under
the Borouge 3 expansion project, and expand its commercial, logistics and supply
chain networks to support its customers and the plastics value chain throughout
the region.
NOVA Chemicals
At K 2013, NOVA Chemicals will place particular emphasis on its ability to
provide customers with PE solutions that get to the heart of their challenges.
"Our products and services are inspired by listening to our customers and
understanding their challenges," says Chris Bezaire, NOVA Chemicals Senior Vice
President Polyethylene. "We have adopted a market-focused approach that enables
us to offer an in-depth level of market knowledge which, supported by our PE
technical capabilities, means we can work together to turn insights into
innovation and opportunity."
Highlights across the "family"
All three companies have recent and ongoing investment and expansion projects
supporting their innovation capabilities and both global and local support
resources for customers, including:
· Inaugurated in June 2013, the Borealis Sirius Catalyst Plant in
Linz, Austria, is a key factor in the growth strategy of the business of
Borealis polyolefins. The construction of the catalyst plant represents an
investment of EUR 100 million, which follows earlier investments of EUR 50
million in the expansion of the innovation headquarters in Linz, opened in 2009.
· In 2014 Borouge expands its Abu Dhabi-based plant's annual capacity
of PE and PP from 2 million to 4.5 million tonnes/year (t/y) supported by a new
Innovation Centre in Abu Dhabi that will collaborate with the European
Innovation Centres of Borealis, as well as with local and international
educational institutions to further develop new innovative market applications
and solutions.
· Borouge is also increasing the production capacity of its
Compounding Manufacturing Plant in Shanghai from 50,000 to 90,000 t/y to support
the sales of compounded plastics resins for the growing Chinese automotive
market, and is expanding its logistic network in China to include warehouses in
Tianjin and Ningbo to complement its existing Shanghai and Guangzhou logistic
hubs. At the same time, the company has opened a new representative office in
Tokyo and plans to open four new offices in Bangkok, Delhi, Ho Chi Minh City and
Jakarta by the beginning of 2014.
· To enhance its market leadership in PE quality and reliability of
supply, NOVA Chemicals has begun construction of a new large-scale gas phase
linear low density PE line at its Joffre, Alberta manufacturing hub in Canada.
The new line is expected to be operational from late 2015 and have a capacity of
about 450 kilotonnes/year (kt/y).
· The Corunna, Ontario cracker revamp is expected to leverage NOVA
Chemicals' access to new feedstock by converting the facility to utilize up to
100% natural gas liquids and be the first in the industry to consume ethane from
the Marcellus Shale Basin to make PE by late 2013. Project completion is
targeted for early 2014.
For more information visit Stand 6A43 in Hall 6 at K 2013.
- 30 -
About NOVA Chemicals
NOVA Chemicals develops and manufactures chemicals, plastic resins and end-
products that make everyday life safer, healthier and easier. Our employees work
to ensure health, safety, security and environmental stewardship through our
commitment to sustainability and Responsible Care(®). NOVA Chemicals,
headquartered in Calgary, Alberta, Canada, is a wholly owned subsidiary of the
International Petroleum Investment Company (IPIC) of the Emirate of Abu Dhabi,
United Arab Emirates.
Visit NOVA Chemicals on the Internet at www.novachemicals.com.
Media inquiries, please contact:
NOVA Chemicals:
Pace Markowitz, Director, Communications
markowp(at)novachem.com
Borealis:
Kerstin Meckler, Director Communications
kerstin.meckler(at)borealisgroup.com
Tel. +43 (0)1 22 400 389 (Vienna, Austria)
Borouge:
Craig Halgreen, Vice President, Global Communications
craig.halgreen(at)borouge.com
Tel.: +971 2 6070807 (Abu Dhabi, UAE)
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Source: NOVA Chemicals Corporation via Thomson Reuters ONE
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Datum: 16.10.2013 - 17:24 Uhr
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