Leading innovator Borealis files record number of patent applications in 2020

Borealis filed a total of 182 patent applications at the European Patent Office in 2020, breaking its own record of 179 in the previous year. With this achievement, Borealis cements its position as a pioneering innovator and industry leader in the fields of advanced and circular polyolefins, mechanical recycling of plastics, base chemicals and fertilizers.

Providing intelligent and sustainable solutions to the challenges faced by society is a core Borealis mission. Patents play a crucial role in safeguarding visionary ideas when developing novel approaches, technologies, and applications.

“Re-inventing for more sustainable living is what drives us at Borealis,” says Borealis CEO Alfred Stern. “Breaking our own record in the number of patent applications is testimony to our dedication to creating value through innovation. We will continue to develop new technologies and novel, value-added products that enhance the circularity of plastics and thus benefit society as a whole.”

The 179 patent applications filed by Borealis in 2019 put the company at the top of the European Patents Office national rankings. In 2020 the company was able to top its own record with a total of 182 filings. In sum, the Borealis Group now possesses around 10,000 individual patents or patent applications which are subsumed in approximately 1,200 patent families. The growing number of patents underscores the company’s position as leading industry innovator.

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Borealis is one of the world’s leading providers of advanced and circular polyolefin solutions and a European market leader in base chemicals, fertilizers and the mechanical recycling of plastics. We leverage our polymers expertise and decades of experience to offer value adding, innovative and circular material solutions for key industries. In re-inventing for more sustainable living, we build on our commitment to safety, our people and excellence as we accelerate the transformation to a circular economy and expand our geographical footprint.

With head offices in Vienna, Austria, Borealis employs 6,900 employees and operates in over 120 countries. In 2020, Borealis generated EUR 6.8 billion in sales revenue and a net profit of EUR 589 million. OMV, the Austria-based international oil and gas company, owns 75% of Borealis, while the remaining 25% is owned by a holding company of the Abu-Dhabi based Mubadala. We supply services and products to customers around the globe through Borealis and two important joint ventures: Borouge (with the Abu Dhabi National Oil Company, or ADNOC, based in UAE); and Baystar™ (with Total, based in the US).

www.borealisgroup.com