Mark Garrett appointed CEO Designate at Borealis to succeed John Taylor at end of 2007

Mark Garrett appointed CEO Designate at Borealis to succeed John Taylor at end of 2007.Borealis, a leading provider of innovative, value creating plastics solutions, announces the appointment of Mark Garrett as CEO Designate. He will assume the role of Chairman of the Executive Board and CEO when John Taylor turns 60 years old and retires at the end of 2007.

Harald Hammer Appointed Chief Executive Officer of Borouge Marketing Company

Harald Hammer appointed Chief Executive Officer of Borouge Marketing company.Borouge, the provider of innovative plastics solutions in the Middle East, Asia Pacific and Africa, today announced the appointment of Harald Hammer as Chief Executive Officer of Borouge Pte Ltd, its Singapore-headquartered marketing company.

Rhodia Polyamide announces a price increase for Adipic acid in Europe

Rhodia Engineering PlasticsLyon, France - January 8th, 2007 – In response to the continuing and lasting trend of rising raw material costs, Rhodia Polyamide announces a 70€ /t price increase effective January 1st, 2007.

General Motors Groundbreaking New Electric Vehicle uses GE ecomagination* Technology to Help Drivers Skip the Pump

The Chevrolet Volt>DETROIT — January 7, 2007— It’s been nearly 100 years, but Thomas Edison’s belief in electricity as a viable propulsion system for automobiles is one step closer to reality due to the efforts of General Motors and General Electric. Today, GE participated in General Motors’ unveiling of its newest concept vehicle, the Chevrolet Volt, at the North American International Auto Show, in Detroit. The Volt’s E-Flex flexible propulsion system offers a global blended range of transportation energy solutions to regional energy issues and driving behavior.

Borealis Film and Fibre VP Harald Hammer appointed as CEO of Borouge Pte Ltd

Harald Hammer appointed Chief Executive of Borouge marketing companyBorealis Film and Fibre Vice President Harald Hammer has been appointed Chief Executive Officer of Borouge Pte Ltd as of January 1, 2007, replacing Hubert Puchner. Puchner, who after five years of leading Borouge through a period of strong growth, will take up the post of Executive Vice President of AgroLinz Melamine International (AMI) in Linz, Austria, managing the company’s global melamine business. He will remain a member of the Borouge Board.

GE Plastics - Press Kit North American International Auto Show, Detroit 2007

GE PlasticsJanuary 7, 2007 - GE Plastics participated in General Motors’ unveiling of its newest concept vehicle, the Chevrolet Volt, at the North American International Auto Show, in Detroit.

New Managing Director for DNV Benelux, UK and Ireland

As from 1 January 2007, DNV (Det Norske Veritas) has appointed Tom Backelin (left) as Managing Director for DNV Benelux, UK and Ireland. Tom will be taking over from Richard Stolk (right). Richard has been appointed Director of Operations in North and Central America.Rotterdam, 10 January 2007 – As from 1 January 2007, DNV (Det Norske Veritas) has appointed Tom Backelin as Managing Director for DNV Benelux, UK and Ireland. Within this capacity, he will be responsible for the operational and commercial activities in these countries. Tom, who has been with DNV since 1974, is a highly experienced manager who has held multiple high-profile positions within DNV and has lots of experience in the geographical regions that are part of his new post. ‘Within my new capacity, I shall further develop the policy pursued by Richard Stolk with the following objective: protecting life, property and providing further support for the environment’, Tom Backelin explains. ‘Through the new organisation and a new office in the Netherlands, the preconditions to further develop our strong market position in the field of certification have been met’.

OMV and IPIC plan to consolidate their chemistry activities into subsidiary Borealis

Borealis• OMV and IPIC intend to incorporate their respective 50% shares of AMI Agrolinz Melamine International into their joint subsidiary Borealis within the first half of 2007
• Changes in the AMI Supervisory Board as of January 1, 2007
• OMV continues to focus on core business

OMV, Central Europe's leading oil and gas group, continues to focus on its core business: Exploration & Production, Refineries & Marketing and Gas. In this context OMV, together with its core shareholder International Petroleum Investment Company (IPIC), is planning on incorporating AMI Agrolinz Melamine International GmbH (AMI), one of the leading international producers of melamine and plant nutrients into Borealis. OMV and IPIC each hold 50% of AMI. The final decision will be made in the course of the first half of 2007.