Borealis and Nexeo Extend their Partnership
Borealis AG, Vienna, Austria, a leading provider of innovative solutions in the fields of polyolefins, base chemicals and fertilizers, and Nexeo Solutions, a worldwide leader in plastics distribution, announce their agreement to extend and further develop their existing partnership.
The agreement reaffirms their shared commitment to the European polymers market and to Borealis’ new distribution strategy will help increase growth in key European regions such as Germany, France, Benelux, UK, and enable continuous improvement in service. While the new strategy targets the rigid and flexible packaging and fiber market, it also includes healthcare grades, infrastructure and automotive applications. The role of Nexeo Solutions as the pan-European distributor will support Borealis’ growth ambitions in Europe through its strong existing distribution network.
Borealis and Nexeo Solutions (formerly a part of Ashland up until 2011) entered into Europe’s first pan-European polyolefin distribution partnership in 1996 with the distribution of Borealis polyethylene (PE) and polypropylene (PP) products to small and medium-sized customers. After ten years of growth, they were distributing over 500 Borealis products to more than 3,000 customers across Europe. In 2012, a major milestone was achieved when Borealis and Nexeo joined forces to distribute products in North America.
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