Borealis now fully owns Speciality Polymers Antwerp N.V.

BOREALIS has completed the acquisition of DuPont Holding Netherland B.V. shares of Speciality Polymers Antwerp N.V. Previously, Speciality Polymers Antwerp N.V., located in Zwijndrecht (Antwerp, Belgium) was a joint venture between DuPont Holding Netherlands B.V. (67%), Borealis Polymers N.V. and Borealis Kallo N.V. (together 33%).

The acquisition is part of Borealis’ strategy to expand its polyolefin business in specific market areas, according to Mark Garrett, Borealis Chief Executive. Acrylate copolymers, which are part of a broader portfolio of specialty polymers produced at Speciality Polymers Antwerp, are an important building block for Borealis sold to its energy and infrastructure market.  

Under the new arrangement, DuPont will continue to serve the market with ethylene vinyl acetate (EVA) and acrylate copolymers and Borealis will supply DuPont with ethylene vinyl acetate (EVA) and acrylate

copolymers from the Specialty Polymers Antwerp facility. Borealis also intends to fully integrate the new site and its employees into the its organisation.