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2006-11-18 News Release

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Polypropylene prices up for European automotive and appliances businesses

Plastics solutions provider Borealis increases prices of its polypropylene based products for European automotive and appliances businesses.

Borealis announces that it will increase the price of its polypropylene based products used in automotive and appliances applications in Europe by 50 EUR/per tonne as of 1st January, 2007. The increase comes on top of the future price development of propylene.

Find Information and Suppliers of polypropylene solutions.

“Feedstock, energy and transportation costs have continued to increase throughout 2006 which have only been partly passed through the value chain. We will continue to focus on value creation through innovation for our customers and deliver solutions to meet our customers long term needs.” according to Paul Turner, Vice President Business Unit Engineering Applications, Borealis.

Borealis is a leading provider of innovative, value creating plastics solutions. With more than 40 years of experience in polyethylene (PE) and polypropylene (PP). The Borealis Group products are converted by its customers into daily life products such as advanced food packaging, medical devices, distribution pipes, automotive parts, power cables and appliances.

With an in depth understanding of the value chain and a focus on customer needs, Borealis provides innovative, value creating polypropylene solutions with optimum performance for appliances and interior, exterior and under the bonnet automotive applications.

Find information about Borealis AG.

Read a recent press release from Borealis about - With Traccoding, PE plastics compounds can be used in a pipe quality and traceability system, such as barcoding, magnetic strip cards or microchip card readers.

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