Borealis to Invest 4.5-Million-Euros in Porvoo Steam Cracker

Plant Engineering Borealis to Invest 4.5-Million-Euros in Porvoo Steam Cracker

2024-08-21 Source: Press release Borealis 2 min Reading Time

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Borealis has plans to invest 4.5-million-euros in the cracker furnaces of its olefins unit in Porvoo, Finland. With the help of the investment, three of the ten cracker furnaces in the unit will be modified to enable a total annual production of 120 kilotons of base chemicals based on renewable and recycled feedstocks.

Borealis invests 4.5 million euros in its steam cracker in Porvoo, Finland.(Source: © Röni Kuva Oy) — Borealis invests 4.5 million euros in its steam cracker in Porvoo, Finland.
(Source: © Röni Kuva Oy)

Vienna/Austria – Borealis has recently announced a 4.5-million-euro investment in the cracker furnaces of its olefins unit in Porvoo, Finland. This investment ensures that the Porvoo steam cracker, which is part of a highly integrated petrochemical complex, can increase the share of renewable and recycled raw materials used in its base chemicals (ethylene and propylene) production; thus, supporting Borealis Strategy 2030 and driving the transformation to a circular economy. The Porvoo investment program, which has already been kicked off and is expected to be completed in 2025, follows last year’s completion of a major cracker furnace update in Stenungsund, Sweden.

The Porvoo steam cracker, which has a nameplate capacity of 430 kilotons ethylene and 263 kilotons propylene per year, is a facility that thermally “cracks” feedstock – such as naphtha, propane, butane, and liquefied petroleum gas (LPG) – into smaller molecules. Furnaces are the “heart” of every cracker.

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Thanks to the investment, three of the ten cracker furnaces in the olefins unit will be modified to enable a total annual production of 120 kilotons of base chemicals based on renewable and recycled feedstocks. The renewable-based and chemically recycled base chemicals produced at Borealis’ site in Porvoo have been awarded the International Sustainability and Carbon Certification (ISCC Plus). The ISCC Plus certification is a voluntary scheme that covers the entire supply chain based on mass balance accounting and guarantees compliance with the highest environmental standards.

"With a focus on reinventing essentials for sustainable living, our 4.5-million-euro investment in our steam cracker in Porvoo moves us closer towards a future of circular economy transformation. Through strategic furnace modifications and a commitment to renewable and chemically recycled base chemicals, we are poised to elevate annual production to 120 kilotons, forging a path of environmental stewardship and economic resilience," says Wolfram Krenn, Borealis Executive Vice President Operations and Base Chemicals.

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