Austrian chemicals company Borealis has commissioned a new 80,000 m3 naphtha storage cavern in Porvoo, Finland, with the first delivery of naphtha.
The new cavern, which was developed at a cost of €25 million and is 90 metres below ground, can accept deliveries by marine vessels up to 35,000 tonnes, and rail. Borealis says that the facility will allow it to store naphtha for its Porvoo operations from the global market in a more flexible, cost-efficient and secure way.
The cavern can also store naphtha from renewable resources, allowing Borealis customers to source renewable polypropylene (PP), polyethylene (PE), base chemicals, ethylene, propylene and phenol, certified by the International Sustainability and Carbon Certification (ISCC Plus certification) scheme.
Work began on the cavern in 2019 and Borealis says it was completed safely, under budget, and sooner than expected.
‘A core component of our sustainability strategy is to contribute to societal progress and to enable more sustainable living while at the same time delivering robust financial results for Borealis and our stakeholders,’ says Martijn van Koten, Borealis executive vice president base chemicals and operations. ‘The innovative cavern in Porvoo improves our commercial flexibility and will make a valuable contribution to the achievement of our sustainability goals and the circularity of our products.’