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Foose

08/08/17 9:08 AM

#47553 RE: houtheman #47552

You don't get it. The tech is proven, but it is applied to different markets differently. That's why they have so much IP and thats why pilots take so much time. But when the get a commercial contract, the next one happens much faster. IR told me that GHCL took only 1 month because they had won Loftex already.

I think because you are so under water on this stock it clouds your judgement.
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Parkmart

08/08/17 10:30 AM

#47556 RE: houtheman #47552

Borealis AG is an international company in producing polyethylene (PE) and polypropylene (PP) products for the infrastructure, automotive and packaging market sectors. Its plastics are converted by customers into products such as food packaging, medical devices, diapers, energy and communication cables, water and sanitation distribution pipes and automotive parts.

With EUR 1.1 billion net profit in 2016 and 6,600 employees,[2][3][4][5][6] Borealis is headquartered in Vienna and operates primarily in Europe, with manufacturing operations in Belgium, Central Europe (Austria and Germany), Finland and Sweden. It also operates compounding units in Brazil, Italy and the USA, two "innovation centres", European Innovation Headquarters as well as customer service centres in several countries.

The company is co-owned between the International Petroleum Investment Company of Abu Dhabi (64%) and OMV Aktiengesellschaft (36%).[1]

Though Borealis’ core products are polyolefins, the collective name for PE and PP, it also produces hydrocarbons, namely ethylene, propylene and phenol. With the acquisition of Agrolinz Melamine International (AMI), the company is expanding its product portfolio to include melamine and fertilizer.

In 2015 Borealis filed a total of 96 new patent priority applications, which is more than any other Austrian company.[7]