Borealis invests EUR 4.5 million in cracker furnace modifications in Finland
Borealis announced its EUR 4.5 million investment in the cracker furnaces modification 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
Borealis invested EUR 4.5 million in its steam cracker in Porvoo, Finland.
Steam cracker is a facility that thermally “cracks” feedstock – such as naphtha, propane, butane, and liquefied petroleum gas (LPG) – into smaller molecules. The Porvoo steam cracker has a nameplate capacity of 430 kilotons ethylene and 263 kilotons propylene per year.
With 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 Porvoo investment in modifying cracker furnaces has already been kicked off and is expected to be completed in 2025.
