Borealis, a provider of solutions in the fields of polyolefins, base chemicals and fertilizers, inaugurated a new catalyst plant at their Linz location on June 3, 2013. The company has invested €100 million in the construction of this facility which will produce chemical substances - so-called catalysts - utilising the proprietary Borealis Sirius catalyst technology. Catalysts enable a precise alignment of plastics properties with varying demands and requirements and help determine, among other things, the hardness, plasticity and/or elasticity of end products.

Since 2007, the company has already invested €50 million in the development of its Innovation Headquarters in Linz, inaugurated in 2009. Upon commencement of full operations at the plant, 35 new employees will join the existing 1,250 currently employed in Linz.