Borealis to start shipping US ethane in 2016, Borouge delays dent results

摘要

Borealis, a leading polyolefins player in Europe and member of the International Petroleum Investment Co. (IPIC; Abu Dhabi)—which also includes Borouge, Nova Chemicals, and Cepsa—today announced its third-quarter results and said that fourth-quarter conditions would be much softer. In an exclusive interview with CW today, Mark Garrett, CEO, said that Borealis plans to start importing ethane from the United States in the fourth quarter of 2016 to feed the company's Stenungsund, Sweden, cracker.