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01-30-2008

Borealis: New Executive Vice President for Polyolefins

Lorenzo Delorenzi

Lorenzo Delorenzi

Lorenzo Delorenzi (45) is appointed by Borealis AG, Vienna, Austria, as Executive Vice President for its Polyolefins business group and member of the Executive Board, effective immediately. Delorenzi vacates the position of Vice President for the Business Unit Pipe, where he led a successful turnaround of the business. Prior to joining Borealis, he held senior commercial and management positions within Tetrapak including Global Director for Strategic Marketing and Managing Director of the PET Division. Before Tetrapak he also held key sales and marketing positions at well known companies such as Du Pont de Nemours, Unilever and A.C. Nielsen, thereby bringing a wealth of management and sales and marketing experience to his new role. Delorenzi has a Degree in Applied Business Economics from the University of Louvain in Belgium.

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