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Borealis Opens International Innovation Headquarters in Linz

Innovation Headquarters © photocase.com/lio

© photocase.com/lio

December 14, 2009

Major Stimulus for Austria's "Plastic Valley" 

Plastics solutions giant Borealis opened its USD 50 million state-of-the-art innovation and research facility in Linz, Austria, last month. The new research headquarters will employ 1,200 from 30 different nations providing plastics solutions for their customers worldwide. The research focus lies in the areas of application technology, fundamental research in polymers as well as mobility such as the automotive industry. For example, Borealis developed plastic air intake manifolds for Volkswagen, significantly reducing production cost, weight and CO2 emissions.

In early December, another USD 75 million was invested in a new semi-commercial catalyst plant to develop and expand new catalysts for the production of innovative new polymers. Close cooperation with Johannes Kepler University and its new plastics engineering program is aimed at meeting the high demand of the Upper Austrian plastics industry for researchers for years to come.

The province of Upper Austria is often referred to as Austria’s “Plastic Valley” or Silicon Valley of the plastics industry with its high concentration of plastics businesses: More than 250 plastics companies and 35,000 employees are located in Upper Austria, generating yearly sales of USD 9.5 billion (55% of Austria’s total plastics sales). Federal and state government as well local industry and location agencies are pooling resources to provide tailored, unbureaucratic and fast services for companies interested in establishing or expanding their business in Upper Austria.   

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