Borealis launches automotive business unit

A new business unit of polyolefin supplier Borealis AG has been created that will target worldwide automotive Tier One and OEM customers.

Called the Mobility business unit, it will supply advanced polyolefin plastics to leading manufactures in the automotive industry, including materials for exterior, interior and under the hood applications.

“The new organization…will provide cost-effective material innovations, speed of responsiveness and hands-on technical and sales support assistance to help its customers in Europe and South and North America remain profitable despite on-going volatility in the automotive sector and increase their competitiveness in the growing automotive markets of the East,” Borealis said in a press release.

Vienna, Austria-based Borealis also said the new unit would work together with Borouge, its joint venture in the Middle East and Asia, to provide global supply capability.