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10-11-2007

Borealis: New Member of Executive Board

Borealis announced the appointment of Martin Kuzaj (50) as Executive Vice President for Base Chemicals and member of the Executive Board effective November 1, 2007. He will report to CEO John Taylor and will be located in Linz, Austria.

From 1986 to 2000 Martin Kuzaj held several management positions within the Shell Group of companies, culminating in his appointment as the Global Business Manager for Styrene at Shell Chemicals Limited, London, Great Britain. From 2000 to 2003, he was President/Chief Executive Officer of Steinbeis Packaging Group located near Munich, Germany, and since 2004, he has been an independent Senior Partner consulting in the chemical and financial industries.

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