News | April 15, 2021 True To Its EverMinds Mind-Set, Borealis Drives Collaborative Project In Sweden To Increase Supply Of Chemically Recycled Feedstock For The Manufacture Of More Circular Base Chemicals And Plastic Products Grant awarded to Borealis for feasibility study with project partner Stena Recycling New chemical recycling unit at Borealis production site in Stenungsund, Sweden expected to commence operations in 2024 Transformational Borcycle C portfolio uses chemical recycling to give polyolefin-based, post-consumer waste another life Borealis has commenced a new project to secure an increased supply of chemically recycled feedstock for the production of more circular base chemicals and polyolefin-based products. A feasibility study for a chemical recycling unit to be established at the Borealis production location in Stenungsund, Sweden is now underway. Funded in part by a grant awarded by the Swedish Energy Agency, the study is being carried out with project partner Stena Recycling. Provided a successful feasibility study and final investment decision, operations are expected to begin in 2024. The unit will help accelerate the transformation to plastics circularity by enabling the replacement on a larger scale of fossil-based feedstock by integrating more chemically recycled feedstock via the mass balance model. Borealis Stenungsund has been ISCC PLUS certified since February 2021.