02 June 2010 14:47 [Source: ICIS news]
LONDON (ICIS news)--Borealis has inaugurated its 350,000 tonne/year high-pressure low density polyethylene (LDPE) plant, along with its new compounding and material-handling facilities, at Stenungsund in Sweden, the Austrian group said on Thursday.
The plant, which cost more than €400m ($488m) to complete, was built to serve the growing wire and cable market, and has increased total capacity at the site from 580,000 tonnes/year to 700,000 tonnes/year, Borealis said. As part of the firm's plans, a 46-year-old 150,000 tonne/year LDPE plant at the site has been closed.
“Consistency, homogeneity and cleanliness are key determinants in enabling the reliable production of quality high-voltage cables,” said Borealis CEO Mark Garrett.
“To that end, we have focused the entire Stenungsund expansion and Borealis process to ensure we deliver the high-purity, value-adding market applications of the future and consolidate our leadership in the demanding wire and cable market segments,” he added.
The expansion in ?xml:namespace>
The start-up was initially scheduled for November, but progress was delayed due to severe winter weather.
Sources told ICIS news in January that Borealis was in the process of commissioning the plant.
($1 = €0.82)
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections