Circular Economy and Resource Efficiency What PLASTICS can bring to the table
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1 Circular Economy and Resource Efficiency What PLASTICS can bring to the table Dr. Markus Schopf Manager Open Innovation Borealis AG March 2019
2 Content Borealis at a glance Plastics Material of Today! Plastics Material of a (circular) Future? Summary 2
3 Borealis at a glance Leading producer of chemicals headquartered in Vienna Austria Customers in 120 countries on 5 continents Majority shareholder Mubadala (Balance OMV) 2nd largest polyolefin producer in Europe Borouge (JV with ADNOC) has world s largest integrated polyolefin site 6,600 employees (11,100 with Borouge) EUR million net profit EUR 7.5 bn sales revenue (> EUR 9 bn with Borouge) 2 wholly-owned polyolefin recycling plants in Europe Source Borealis 2017 data 3
4 Plastics Material of Today! POLYOLEFINS One word: Plastics. What the neighbour man told Ben when discussing about a really viable career future The Graduate, USA
5 Plastics Material of Today! POLYOLEFINS Source: PlasticsEurope: Plastics the Facts
6 Plastics Material of Today! POLYOLEFINS Source: PlasticsEurope: Plastics the Facts
7 Plastics Material of Today! POLYOLEFINS Source: PlasticsEurope: Plastics the Facts
8 Plastics Material of Today! Climate Water Energy Waste/Recycling Innovation without societal benefit is not innovation but rather simple gimmickry. Health Food Mark Garrett, Former Borealis Chief Executive 8
9 Plastics Material of Today! Carbon Footprint - lower than for most other materials Lower Density - ideal for lightweight construction Automotive Consumer Products Energy Pipes & Fittings PO saves 5-9 x more CO 2 emissions during the usage phase than needed for production PO packaging protects and preserves food PO enables safe and reliable energy transport over long distances PO Pipes prevent water loss and reduce installation costs 9
10 Plastics Material of the Future? The Imperative Plastic waste is the Achilles heel of the plastics industry The Chance Circular economy could deliver 1.8tn for Europe (McKinsey, 2015) 10
11 Plastics Material of the Future? Circular Plastic Economy requires a wider view on the value chain 11
12 Plastics Material of the Future? POLYOLEFINS Source: PlasticsEurope: Plastics the Facts
13 Plastics Material of the Future? Circular Plastic Economy requires work in various fields Improving recycling technologies to overcome process limits, maximise recycling efficiency, and ensure constant quality Tackling technical limitations (e.g. odour, purity, mechanics), thus boosting application development Committing to R&D in the long-term to enable use of rpo in higher-end applications Challenges in recycling Supporting the creation of standards and blueprint for circular product design, eventually facilitating the recycling step Improving circularity of existing solutions where feasible Working towards better sorting quality leads to higher yields 13 January 2019
14 Plastics Material of the Future? Circular Plastic Economy requires quality improvement of recycling solutions Prime quality level Traditional recycling markets Near-virgin quality recycling markets 14
15 Plastics Material of the Future? Borealis is implementing recycling solutions NOW 15
16 Plastics Material of the Future? Borealis is implementing PO recycling solutions NOW 16
17 Project STOP - a city partnership program established by Borealis and SYSTEMIQ OUR GOALS Zero leakage Increased recycling Social benefits OUR COMMITMENT 3 cities over the next 5 years Up to 15 MUSD 10,000 tonnes of plastic Local employment Replicable solutions info@stopoceanplastics.com #EndOceanPlastic 17 Visit@Borealis; January 2019
18 Together driving Circular Economy of Polyolefins Borealis was the first PO company that joined the Ellen MacArthur Foundation s New Plastics Economy (NPEC) programm and recently signed their Global Commitment Borealis is founding member and chair of the Polyolefins Circular Economy Platform (PCEP) Borealis is an active member of the new CEFLEX project, successor to the former FIACE and REFLEX Borealis is developing recycling capacity as is committed to become recycling technology leader Acquisition of mtm plastics and ecoplast. 18
19 Summary Borealis at a glance Plastics Material of Today! Plastics Material of a (circular) Future? Polyolefins - Material of the circular Future!!! 19
20 Thank you Unless otherwise specifically stated, this presentation, any part of it, or any information contained herein may only be copied, disclosed or used within the Borealis group of companies. Borealis AG and its affiliates give no warranty and make no representation as to the accuracy, completeness or fitness for any particular use of the information contained herein. 20
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