Borealis invests €40 million in cracker upgrade in Porvoo, Finland

Borealis has announced a €40 million investment to upgrade its steam cracker in Porvoo, Finland. The upgrade will enhance the cracker’s energy efficiency, yield higher production capacities for propylene and crude C4, and enable an overall higher production quality of propylene.

The project is expected to be completed in 3Q17. The production capacity of propylene and crude C4 will increase by 30 000 kilo tpy and 10 000 tpy, respectively. The project will also upgrade the quality of all produced propylene to polymer grade, thereby increasing value as well as productivity in the adjacent polypropylene production plant.

“Investing in upgrades and capacity expansion at strategic Borealis production locations such as Porvoo enables us to improve the competitiveness of our strong, integrated polyolefins business in Europe,” explained Markku Korvenranta, Borealis Executive Vice President Base Chemicals. “Through continuous investments, Borealis is securing its position among the most innovative and reliable polyethylene and polypropylene suppliers in Europe.”

Edited from press release by Angharad Lock

Read the article online at: https://www.hydrocarbonengineering.com/petrochemicals/07062016/borealis-invests-40-million-in-cracker-upgrade-in-porvoo-finland-86/