Houston, Texas — According to state and local economic development sources Borealis plans to invest $1,200,000.00 to build out 11,046 square feet of new space in Houston. The company plans to occupy the new space at 2050 W. Sam Houston Parkway S. Suite 1450 in Houston, on or about April 1, 2023. According to the company website We don’t just make ground-breaking plastics, chemicals, and fertilizers. We make discoveries. We push the boundaries of what is possible to develop products that improve peoples lives. Driven by a passion to create value through innovation, we address global challenges. These include climate, water, energy, health and food. We have taken on a pioneering role in the solution of plastic waste problems and in recycling. Our base chemical range is used in many areas, including energy, automotive, piping, consumer products, healthcare and packaging. We provide fertilizers to the agricultural industry and technical nitrogen and melamine products to the wood-working industry. With head offices in Vienna, Austria, Borealis employs 6,900 employees and operates in over 120 countries. OMV, the Austria-based international oil and gas company, owns 75% of Borealis, while the remaining 25% is owned by a holding company of the Abu-Dhabi based Mubadala. We supply services and products to customers around the globe through Borealis and two important joint ventures: Borouge and Baystar.

To learn more about Borealis, visit http://www.borealisgroup.com/

Company Contact:
Thomas Gangl, Chief Executive Officer
thomas.gangl@borealisgroup.com
https://www.linkedin.com/in/thomas-gangl-bb861b54/
908-850-6200

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