Borealis to Build Automotive PP Compounding Plant in the U.S.
Borealis Group, Vienna, Austria, has decided to build a dedicated automotive polypropylene (PP) compounding plant in Taylorsville, Alexander County, North Carolina. This decision demonstrates the continuing commitment of Borealis to the global automotive industry. 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.
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 fiber (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," says Nicholas Kolesch, Head of Automotive Marketing at Borealis.
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