January 20, 2017 10:27 PM ET

Chemicals

Company Overview of Borealis AG

Company Overview

Borealis AG provides chemical and plastics solutions for the infrastructure, automotive, and packaging markets worldwide. It operates in Polyolefins and Base Chemicals segments. The Polyolefins segment offers polyolefin compounds for the wire and cable industry for use in low, medium, high, and extra high voltage energy transmission and distribution cables, as well as in semi-conductive products; and data and communication cables. It also provides polyolefin plastics, such as bumpers, body panels, trims, dashboards, door claddings, climate control and cooling systems, air intake manifolds, and battery cases for the exterior, interior, and under-the-bonnet applications in the automotive indus...

IZD Tower

Wagramer Strasse 17-19

Vienna,  1220

Austria

Founded in 1994

6,275 Employees

Phone:

43 1 22 400 300

Fax:

43 1 22 400 333

Key Executives for Borealis AG

Chairman of Executive Board, Chief Executive Officer and Chairman of Responsible Care Committee
Age: 54
Chief Financial Officer, Member of Executive Board, Chairman of Quality Committee and Member of Responsible Care Committee
Executive Vice President of Operations, Member of Executive Board and Member of Responsible Care Committee
Executive Vice President of Base Chemicals, Member of Executive Board and Member of Responsible Care Committee
Age: 50
Chief Scientist
Compensation as of Fiscal Year 2016.

Borealis AG Key Developments

Borealis Reports Earnings Results for the Third Quarter of 2016; Provides Earnings Guidance for the Fourth Quarter of 2016

Borealis reported earnings results for the third quarter of 2016. The company achieved a third quarter of 2016 net profit of €304 million, an 18% year-on-year rise, on the back of healthy margins. Sales stood at €1.75 billion during the third quarter of 2016, a decrease of 6.3% year on year. The company credited the increase in net profit to high margins in the polyolefin industry and an improved performance from its base chemicals business. For the fourth quarter of 2016, the company expects another solid result but anticipates that the market environment could become less favorable in the coming quarters.

Borealis AG Presents at Global Capital Corporate Summit, Sep-29-2016 01:30 PM

Borealis AG Presents at Global Capital Corporate Summit, Sep-29-2016 01:30 PM. Venue: Paris, France. Speakers: Jan-Martin Nufer, Director Treasury and Funding.

Borealis Ag Appoints Kerstin Artenberg, Nee Meckler as Vice President of Human Resources

Borealis AG appointed Kerstin Artenberg, nee Meckler, as vice president of human resources, or HR, and communications. Kerstin Artenberg succeeds Claus Haar, Senior vice president Human Resources, who will retire as of 31 August 2016. Kerstin Artenberg has steadily risen through the ranks at Borealis since joining the company as External & Media Relations Manager in 2007. After serving as Borealis Director Communications from 2009 to 2013, she assumed an increasing number of HR-related competence centres.

Similar Private Companies By Industry

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
June 2, 2016
mtm plastics GmbH and mtm compact GmbH
 

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