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BOREALIS APPOINTS VP CIRCULAR ECONOMY
Circular economy

Borealis appoints VP circular economy. Borealis has announced Mirjam Mayer’s new role as Vice President Circular Economy Solutions, effective from January 1, 2024.

Mayer, who previously spearheaded Polyolefins Transformation, will now oversee the company’s Circular Economy Solutions value chain.

Joining Borealis in 2020, Mayer has significantly contributed to the company’s strategic development and growth, especially in strategy and business development.

Her tenure as Vice President Polyolefins Transformation saw her leading initiatives in circular economy and innovation.

With a strong background in consulting at McKinsey and academic credentials from MIT and the Max Planck Research School, Mayer brings a wealth of experience to her new position.

Borealis CEO Thomas Gangl praised Mayer’s leadership and strategic vision, expressing confidence in her ability to drive sustainable growth in the circular economy sector.

ELIX POLYMERS ADVANCES CHEMICAL RECYCLING
Circular economy

ELIX Polymers advances chemical recycling. The company has developed products using chemically recycled materials, achieving up to 100% sustainable feedstocks.

This initiative is part of its E-LOOP brand, focusing on Circular Plastics and Responsible Innovation within its Sustainable Portfolio Solutions.

The company’s chemically recycled (CR) products are produced using certified sustainable raw materials, including circular and bio-based feedstocks, certified by ISCC+ standards.

This approach utilizes a mass balance model to ensure the traceability and transparency of the supply chain.

ELIX has succeeded in creating CR products that can completely substitute traditional feedstocks with sustainable alternatives for all three primary monomers (Acrylonitrile, Butadiene, Styrene).

This shift can lead to reductions in CO2 emissions of more than 90% compared to standard prime grades.

The CR grade products are applicable across ELIX Polymers’ full range, accommodating even the most stringent requirements for food contact, light colors, and medical parts, maintaining the same material properties as conventional products.

LEGO BREAKS GROUND ON CARBON-NEUTRAL FACTORY
solar panels

LEGO breaks ground on carbon-newutral factory. The LEGO Group has begun construction on its new factory in Virginia, USA, which is expected to cost $1 billion.

The factory will become the company’s seventh globally.

The factory will operate on solar energy and be carbon-neutral. It will employ over 1,700 workers and use the latest energy-efficient equipment to minimize energy consumption.

Additionally, the LEGO Group plans to donate more than $1 million to support local organisations that provide children from disadvantaged backgrounds with learning through play experiences.

The new factory, which will be the LEGO Group’s second facility in the Americas, is expected to open in 2025. And it will cover an area of 340 acres, equivalent to 260 American football fields.

BOREALIS SECURES RENEWABLE ENERGY SUPPLY
wind farm

Borealis secures renewable energy supply. Borealis and Axpo have signed their second long-term power purchase agreement (PPA) in six months.

The deal involves a newly commissioned wind farm in Kröpuln, Finland, and covers the supply of renewable energy to Borealis’ production operations in Porvoo from 2024.

By providing an additional 100 gigawatt hours of renewable energy each year, the new PPA brings Borealis closer to achieving its goal of using 100% renewable electricity in its European Polyolefins and Hydrocarbons business areas by 2030.

Despite a challenging energy market, Borealis remains committed to its ambitious energy and climate targets, including reducing its Scope 2 emissions.

Borealis Executive Vice President Wolfram Krenn said the PPA signals the company’s dedication to driving the energy transition and having a positive impact on the communities it serves.