In a move that is aimed to further increase the company's European asset competitiveness and plant profitability, Borealis plans to restructure its operations in Europe. The company will reorganise its manufacturing operations in Bamble, Norway, within the framework of lean manufacturing. Plans include:
Phasing out of research and development activities in Norway
Focus on and accelerate innovation capability in Austria, Finland and Sweden, as well as at the planned Borouge innovation center in Abu Dhabi.
Move its business management currently situated in Mechelen, Belgium, to its head office in Vienna, Austria.
The consolidation of management in one location will improve coordination and effective implementation of the company's strategy.
20-Mar-07 
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