Page 26 - Plastics News February 2021

CompAny news

Sidel Group and Elettric80 Inc. Thomas Gangl appointed new

forms strategic alliance Borealis CEO

idel Group and Elettric80 Inc. ollowing the acquisition
Sstarted a strategic alliance Fof the majority shares
to provide comprehensive in Borealis by OMV AG and
services — from production to the intensified and close co-
warehouse, distribution and operation between OMV and
logistics management — for Borealis, the Supervisory
processors in the beverage and Board of Borealis has
food, home and personal care decided to appoint Thomas
markets. The companies aim Gangl, currently Executive
to act as a one-stop source for Board member of OMV AG,
producers looking to become as CEO of Boreali Alfred
more flexible and sustainable Stern, who has successfully
with smart factory solutions, according to a news release. led Borealis’ transformation from a virgin polyolefins
Parma-based Sidel provides equipment and services for producer to a leading provider of advanced and circular
packaging products in PET, can, glass and other materials, polyolefin solutions, and European market leader in
while Elettric80 specializes in automatic intralogistics the mechanical recycling of plastics, was appointed
solutions for high-volume manufacturers and distribution Executive Board member for Chemicals & Materials of
centers, mainly in the food, beverage and tissue OMV AG and will step down as CEO of Borealis AG. Gangl
sectors. As e-commerce grows, the use of automated will take over the role as Borealis CEO effective 1 April
warehouses, packaging and logistics management can 2021. Rainer Seele, Chairman of the Supervisory Board
help processors stay competitive and meet demands of of Borealis AG and CEO of OMV, said: “By appointing
a global market, according to Sidel Group CEO Monica Thomas Gangl we have succeeded in gaining an
Gimre. "A strategic alliance with Elettric80 is our approach exceptional manager and expert from among our own
towards achieving our goal of providing A-to-Z services ranks to take the helm of Borealis. In recent years,
to our customers, including intralogistics solutions," Thomas Gangl has not only played a significant part in
Gimre said in the release. "I believe that the synergy and shaping the refining and petrochemicals business in the
great teamwork between us will bring added value not OMV Group but was also responsible for establishing
just to our customers, but also to ourselves by opening chemical recycling and thereby laying the foundation
space for learning and innovation together." Elettric80 for our future circular economy.”Recently Borealis
officials say their tailor-made hardware and software announced a net profit of EUR 210 million for the
solutions optimize supply chain activities, guarantee fourth quarter of 2020, compared to EUR 138 million
system integration, and improve factory efficiency and in the same quarter of 2019. The positive development
product traceability.Packaging lines with automated was driven by a stronger polyolefin market in both
and integrated intralogistics are in the future for many Europe and Asia. However, the rise in the natural gas
plastics processors, President Enrico Grassi said."Along price and operational issues impacted the contribution
with Sidel, we are taking the next step in expanding from the Borealis Fertilizers business. Borealis was
our business opportunities by increasing our customers' formed in 1994 through the merger of Statoil and
operational efficiency and sustainability," Grassi said in Neste. The Latin word "Borealis" means "from the north"
the release. "We are ready to complement this alliance and reflects the company's early ties to the Nordic
with strong expertise in logistics processes."Elettric80 says region. The first Borealis head office was located in
it has installed more than 2,000 robotic systems, 5,000 Copenhagen, the capital of Denmark. Over the years,
automatic laser-guided vehicles and 35 automated high- Borealis has developed from its early Nordic roots to an
density warehouses. Sidel says it has more than 40,000 international company with a strong presence primarily
machines installed in some 190 countries. in Central Europe and the Middle East.

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