16 December 2010 11:00 [Source: ICIS news]
LONDON (ICIS)--Borealis is investing €17m ($22m) to expand capacity by around 6% at one of its polyethylene (PE) units in ?xml:namespace>
The upgrade, which will include a new ethylene compressor and improved monomer purification, will increase capacity at its PE2 unit to 255,000 tonnes/year from the current 240,000 tonnes/year, the company said.
“Borealis has one of the youngest polyolefin production asset portfolios in
“While this gives us a competitive advantage and allows us to develop the most innovative products, we must also continuously invest to be able to provide innovative, value-creating solutions for our customers at all times.”
The PE2 plant is used as a demonstration unit for the firm’s
Mechanical completion of the upgrade was expected for the Autumn of 2012, Borealis said.
($1 = €0.76)
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