Borealis to discontinue $6.8bn world-scale polyethylene project in Kazakhstan

Borealis is a leading provider of innovative solutions in the fields of polyolefins, base chemicals and fertilizers

The decision to discontinue the integrated cracker and polyethylene project is impacted by the effects of the Covid-19 pandemic. (Image for illustration only)
The decision to discontinue the integrated cracker and polyethylene project is impacted by the effects of the Covid-19 pandemic. (Image for illustration only)

Borealis announced its decision to not further pursue the development of an integrated cracker and polyethylene project in the Republic of Kazakhstan.

The decision to discontinue this project is based on a thorough assessment of all aspects of the prospective venture and impacted by the effects of the Covid-19 pandemic as well as the increased uncertainty of future market assumptions.

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