Extrusion International 2-2024-USA

18 Extrusion International 2/2024 INDUSTRY NEWS 30th Anniversary In March 2024, Borealis commemorated its thirti- eth year of operations. Born of a merger between Statoil and Neste, Borealis has expanded from its early Nordic roots to become one of the world’s top ten polyolefins players and driver of industry change. Its dedication to value creation through innovation has produced proprietary and transfor- mative technologies which benefit society and ac - celerate the transition to a circular economy. The company is regularly ranked as Austria's top inno- vator in the European Patent Index and holds an extensive patent portfolio of around 8,900 granted patents. In Europe in particular, Borealis has for de- cades bolstered the industrial landscape by invest- ing heavily in its capital assets, and by providing thousands of highly-skilled jobs in the communities in which it operates. Borealis Group www.borealisgroup.com Thomas Gangl, Borealis CEO: “On the occasion of our 30th birthday, we at Borealis are exceedingly proud of how we have built on our European heritage, along with our technological prowess, to become a global industry player. Industry is the bedrock of societal prosperity. For three decades, Borealis has helped accelerate progress and raise living standards by creating value through innovation. As we drive the industry transformation to a circular economy of plastics, and continue to reinvent the essentials for sustainable living, we will keep investing in our people, assets, and our communities.” NewManagement Friedrich Rechberger took over the management of HydroDyn Re- cycling as CEO on February 8, 2024. Company founder Michael Hof- mann focuses as co-CEO on stra- tegic business development and sales. With this strengthening of the management team, the specialists in innovative process engineering for cleaning and processing plastic waste aim to further advance their growth plan and expand their role as a technological pioneer. For his new role as CEO, Rech- berger brings over 30 years of in- ternational experience in managing technology companies. "I am delighted to take on the CEO position at HydroDyn and con- tinue the successful development of the company," says Friedrich Rech- berger. "I am confident that with the dedicated HydroDyn team, we can further advance our mission of a better and sustainable future." Josef Hochreiter, CEO of the NEXT GENERATION GROUP, and Hydro- Dyn founder Michael Hofmann welcome the addition of Friedrich Rechberger: "With his extensive industry experience and manage- ment expertise, he brings the neces- sary know-how to drive HydroDyn's growth forward and to fully exploit the enormous synergies with the sis- ter companies of the NEXT GENERA- TION GROUP." HydroDyn Recycling GmbH www.hydrodyn.de Friedrich Rechberger www.smart-extrusion.com