Borealis is investing in two major upgrades to its cross-linked polyethylene (XLPE) production facilities at its site in Sweden. These projects will raise capacity for insulation materials used in medium, high, and extra-high voltage (MV, HV, EHV) power cables.
Such cables are essential for expanding transmission and distribution networks to integrate more renewable energy sources, support electrification, and enable the energy transition.
These investments are part of Borealis and Borouge’s "Building for the Future" initiative, which includes a EUR 200 million plan to upgrade and expand XLPE and semiconductive assets across European sites.
“We’re continuously investing in innovation and optimising our product portfolio to meet the evolving needs of the energy industry,” said Craig Arnold, EVP Polyolefins, Circular Economy Solutions and Base Chemicals at Borealis.
“This expansion at our Stenungsund site strengthens our ability to keep pace with growing demand for advanced insulation materials and enables our customers to deliver the power cables that make the energy transition possible.”
The first part of the project includes building a new production unit dedicated to insulation grades used specifically in medium-voltage power distribution cables.
Borealis' strategic investments in XLPE insulation production advance the company’s role in supporting renewable energy expansion and the ongoing energy transition across Europe.