USA: Automotive Polypropylene Borealis to Build Automotive Compounding Plant in the US
Borealis has announced plans to build a dedicated automotive polypropylene (PP) compounding plant in Taylorsville, Alexander County, North Carolina. The plant will be build together with Borouge, a joint venture between Borealis and the Abu Dhabi National Oil Company.
Taylorsville/USA — North Carolina has been selected for its strategic location and proximity to the company's customer base, as well as for the business-friendly and supporting environment of the State and the County. "We are very excited to be expanding our automotive business in North America and look forward to working more closely with our customers in the region to deliver our global material innovations locally," says Ken Wiecoreck, President of Borealis Compounds.
The North Carolina plant is scheduled to become commercially operational in early 2019 and will initially produce PP compounds in the Daplen family of PP thermoplastic olefins (TPO) and in the Fibremod range of PP short glass fibre (SGF) reinforced materials. The plant will complement the existing Borealis Automotive Compounding assets located in New Jersey, as well as the current production via tolling partners.
"We are aware that North America is a competitive market with established suppliers, however, we are convinced that our cutting-edge material solutions will continue to help our customers create value through innovation and enable us to grow with them on a global basis," adds Nicholas Kolesch, Head of Automotive Marketing at Borealis.
Borealis and Borouge have established a global portfolio of high-end PP TPO and SGF materials, including new generation materials for part light-weighting through reduced filler content, chemical and mechanical foaming or metal and engineering plastic replacement. Furthermore, the companies have recently introduced products for improved surface aesthetics and paintability.