Evidence-bound company brief · as of September 18, 2026

Borealis OTC: BRSRF

Polyolefins, mechanical recycling, renewable feedstocks and advanced circular products

BOR
Public materials brief.

Borealis 2025 standalone annual report describes the launch of Recleo, a portfolio spanning post-industrial and post-consumer recycled materials, alongside Borcycle M, Bornewables and ReOil-linked products. It cites automotive, healthcare, packaging and apparel examples. Public reporting does not establish one grade-level chain of custody connecting feedstock source, processing yield, formulation, customer qualification and post-use recovery.

2025Annual report and circularity update cycle

RecleoPIR and PCR portfolio brand launched with Borouge

Borcycle MMechanically recycled polyolefin portfolio

ISCC PLUSCertification referenced for Bornewables renewable PP

Material inputs to resolve

Ethylene, propylene, recycled polyolefins, renewable feedstocks, captured carbon, catalysts, energy and water
Post-industrial and post-consumer plastic bales, sorting, washing, compounding and certification
Packaging, automotive, healthcare, apparel and durable-goods product requirements

Outputs and residuals to resolve

Polyolefins, compounds, films, molded parts, packaging and specialty applications
Sorting residue, wash water, off-spec material and post-use products
Grade consistency, allocation, customer qualification and end-of-life evidence remain open

First decision: Choose one Borealis grade and one customer application. Map feedstock source, processing route, formulation, certification, performance test and end-of-life pathway.

Portfolio signal

Borealis reports Recleo as a global portfolio for post-industrial and post-consumer recycled materials.

Mechanical signal

Borcycle M grades are described as advanced mechanically recycled polyolefins.

Renewable signal

Bornewables renewable PP is described with ISCC PLUS certification in a healthcare example.

Evidence boundary

Named product families and examples are public. A complete grade-to-customer-to-recovery ledger remains open.

Decision boundary

Borealis has moved circularity into named product families and application lanes. Its 2025 annual report describes Recleo for post-industrial and post-consumer recycled materials, Borcycle M mechanically recycled grades, Bornewables renewable PP and ReOil chemical-recycling output. The next useful unit is one grade, one customer application and one feedstock specification. The public record supports one bounded next move: Choose one Borealis grade and one customer application. Map feedstock source, processing route, formulation, certification, performance test and end-of-life pathway. It does not establish a buyer, commercial approval or supply agreement.

Material flow map

Material or stream	Qualification gate	Process or destination	Evidence still needed
PCR or PIR feedstock	Polymer family, contamination, sorting and consistency	Washing, compounding or conversion	Bale record, yield, grade and certificate
Renewable or circular feedstock	Origin, allocation method and certification	Polymer or compound production	Mass balance, lot and customer claim
Finished polyolefin product	Mechanical, barrier, safety and regulatory performance	Automotive, healthcare or packaging use	TDS, trial, approval and recovery route

This is a public screening map. It separates company-disclosed flows from open qualification work. It does not convert a destination into a buyer or an announced ambition into operating capacity.

Evidence register

Standalone Annual Report 2025Borealis, official annual report PDFhttps://www.borealisgroup.com/storage/Company/About-Borealis/Annual-Report/Borealis-Standalone-Annual-Report-2025-EN.pdf
Recycling certificationsBorealis, official certifications pagehttps://www.borealisgroup.com/about-us/commitments/quality/standards-certifications
Circular productsBorealis, official company websitehttps://www.borealisgroup.com/
RecleoBorealis, post-industrial and post-consumer recycled portfoliohttps://www.borealisgroup.com/circular-economy/recleo
BornewablesBorealis, ISCC PLUS-certified renewable feedstock portfoliohttps://www.borealisgroup.com/circular-economy/bornewables

Source hierarchy: filings and company disclosures first. The brief states what those sources support and leaves the unresolved plant, grade, permit, buyer and mass-balance questions explicit.

Artifact metadata

Public briefArtifact ID: mt-borealis-20260917As of: 2026-09-18Public-facing metadata only

Machine-readable source manifest

{
  "artifact_id": "mt-borealis-20260917",
  "company": "Borealis",
  "as_of_date": "2026-09-18",
  "sources": [
    {
      "title": "Standalone Annual Report 2025",
      "publisher": "Borealis, official annual report PDF",
      "url": "https://www.borealisgroup.com/storage/Company/About-Borealis/Annual-Report/Borealis-Standalone-Annual-Report-2025-EN.pdf"
    },
    {
      "title": "Recycling certifications",
      "publisher": "Borealis, official certifications page",
      "url": "https://www.borealisgroup.com/about-us/commitments/quality/standards-certifications"
    },
    {
      "title": "Circular products",
      "publisher": "Borealis, official company website",
      "url": "https://www.borealisgroup.com/"
    },
    {
      "title": "Recleo",
      "publisher": "Borealis, post-industrial and post-consumer recycled portfolio",
      "url": "https://www.borealisgroup.com/circular-economy/recleo"
    },
    {
      "title": "Bornewables",
      "publisher": "Borealis, ISCC PLUS-certified renewable feedstock portfolio",
      "url": "https://www.borealisgroup.com/circular-economy/bornewables"
    }
  ]
}