LONDON (ICIS)--Borealis is to expand its polypropylene (PP) capacities in two Belgian facilities by up to 380,000 tonnes/year by 2022, the Austrian polymers and fertilizers major said on Thursday.
Borealis has made a final investment decision (FID) to expand its PP plant in Kallo by 80,000 tonnes/year.
The added capacity is expected to come on stream in mid-2020.
Additionally, it has also approved the start of the front-end engineering and design (FEED) phase of a 250,000-300,000 tonnes/year expansion of its PP plant in Beringen, also in Belgium.
The FID on the Beringen expansion will be made by the end of 2019, the company said, with the start-up expected in mid-2022.
The company had previously signalled its plans to add 450,000 tonnes/year of PP in Europe to take advantage of its 740,000 tonne/year propylene dehydrogenation (PDH) plant , which is expected to start up in the first half of 2022.
“In Europe, polypropylene supply is not keeping up with increasing demand. With the market tightening and continuous application expansion for PP materials, additional investment is needed to support the growth of our customers,” said Borealis' CEO Alfred Stern.
“The synergies with the ongoing PDH project in Kallo will ensure a reliable and integrated value chain from feedstock to customers.”