The business model is also changed, with diversification of customers along the value chain. Borouge was listed on the Abu Dhabi Securities Exchange (ADX) on 3 June 2022, following the completion of Abu Dhabis largest-ever Initial Public Offering and the Middle Easts largest-ever petrochemicals listing. It inspired me to want to understand the psychology of aging, she said. It is one of the oldest Yale secret societies and reputedly the wealthiest. In 2009 Geronimos descendants sued unsuccessfully to get the skull in question turned over to them. 1872, pg. June 12, 2022 June 12, 2022 0 Comments June 12, 2022 0 Comments underwent a major restoration. [7] The surviving ca. This investment in our mechanical recycling capabilities at mtm is key in realising our growth ambitions in the circular economy and it underlines our continuing commitment to mtm. This vessel is currently the worlds largest ethane carrier and will ensure reliable and cost-efficient ethane supply to Borealis production facilities in Stenungsund, Sweden. Less clear is what precisely about that seismic cultural shift proved fatal. Borouge launches the Gulf Plastics Pipe Academy (GPPA) to promote the use of high-quality plastics pipe systems in the Middle East. OMV, the Austria-based international oil and gas company, owns 75% of Borealis, while the . These include admiring words like wisdom and creative and roles such as grandmother. But senility comes up a lot, Dr. Levy said recently, and a lot of physical infirmity and decline: stooped over, sick, decrepit.. Founded in 1848, 'BZ', as the society is called often, is the third oldest society at Yale and the oldest of those of the now-defunct Sheffield Scientific School, the institution which from 1854 to 1956 was the sciences and engineering college of Yale University. Skull and Bones, secret society of senior (fourth-year undergraduate) students at Yale University, New Haven, Connecticut, that was founded in 1832. 1316, Gardner Green, B.A. At Borealis we never put financial results above safety, ethics or our values. Its infamous history is shrouded in mystery and extends back to 1832, when the society was first established. A psychologist and epidemiologist, Dr. Levy has demonstrated in more than 140 published articles over 30 years and in a new book, Breaking the Age Code that ageism results in more than hurt feelings or even discriminatory behavior. [40] In another example, Yale President A. Whitney Griswold's deprecated the rituals as "bonesy bullshit" and "Dink Stover crap" coloring undergraduate life. As soon as we had these wonderful white pellets in our hands, it was just a great feeling. It affects physical and cognitive health and well-being in measurable ways and can take years off ones life. The Borealis Supervisory Board announces the appointment of Thomas Gangl as new CEO of Borealis AG. The younger brother of the poet Archibald MacLeish wrote a letter to his fiancee in 1917 complaining about how depressed and humiliated he felt at having been passed over by all of Yales secret societies. But the sad truth may be that, after a long slide into irrelevance, Yale secret societies are not important enough to be worth banning. Older people with positive views of aging perform better on hearing tests and memory tasks. It was incorporated in 1856 as the Russell Trust Association. disappeared like smoke in the late sixties.. As a founding partner of Project STOP we are happy to be able to continue our leading role. PEC-Rhin with its assets on the border between France and Germany on the Rhine river is certainly most complementary to our current fertilizer business, which is mainly focused on the Danube-region. Skull and Bones, secret society of senior (fourth-year undergraduate) students at Yale University, New Haven, Connecticut, that was founded in 1832. Dr. Robert N. Butler, a psychiatrist, gerontologist and founding director of the National Institute on Aging, coined the term ageism a half-century ago. Svein Rennemo becomes Chief Executive of the Borealis Group, succeeding Juha Rantanen, who had served as Chief Executive since 1994. . [48][49] Past members were associated intimately with the: coeducation of Yale College,[50] establishment of the Yale residential college system and the Harvard house system,[51] founding of the Elizabethan Club,[52] and founding of the Yale Political Union. Its business is performed by them. Each spring, the society admits fifteen rising seniors to . How Harvard, Princeton and Yale discovered women. [30], The initial delegation, including ten Class Day officers from the Class of 1884 and led by Edwin Albert Merritt, met in secret during their senior year with the aid of members of the Class of 1883 who were "eager to start a society provided the evil features of the old societies would be eliminated. Juniors are notified of their selection by a society member who ritually claps them on the shoulder. We are showing our commitment to support the growth of our customers in Europe and strengthen our position as the leading supplier whilst increasing our integration economics and supply reliability. Harvard recently announced that it was considering barring students from joining fraternities, sororities and exclusive single-gender groups known as final clubs. Members of such clubs are already subject to penalties, including ineligibility for certain grants and fellowships. The delegation spends its year together answerable to the Phelps Association, composed of past members. [15] By the 1830s, the campus literary societies Linonia, Brothers in Unity, and Calliopean had lost stature. Worth EUR 290 million, the deal comprises a 175,000 tonnes per year (t/y) polypropylene (PP) unit and a 140,000 t/y low-density polyethylene (LDPE) unit, as well as a 50% share of the 557,000 t/y Noretyl gas cracker. Borceed technology enables flexible materials exhibiting both plastic and elastomeric properties and is the platform supporting Borealis' Queo products. [18] Star and Dart, Sword and Crown, Tea-Kettle, Spade and Grave, and E.T.L. We are honoured to bring our expertise in polymer research to this prestigious Scientific Committee to help select recipients of this illustrious award. Borealis has decided to build a dedicated automotive polypropylene (PP) compounding plant in Taylorsville, Alexander County, North Carolina. Source: Purchase, Dunlap Society 100 Years of Amer Yale Collection: Visual Resources Collection Digital Collection: Visual Resources Collection . LINZER AGRO TRADE extends its network with the opening of a new subsidiary in the Bulgarian capital of Sofia. 2023 - Borealis AG. Borealis, Lafarge, OMV and VERBUND co-signed a Memorandum of Understanding (MOU) for the joint planning and construction of a full-scale plant by 2030 to capture CO2 and process it into synthetic fuels, plastics or other chemicals. Borealis and Borouge announce the launch of Quentys, the new umbrella brand created to empower and potentially revolutionise the solar energy industry by making applications more affordable, reliable, and durable. 89, Six Yale Societies Elect 90 Members, New York Times, May 8, 1936, Yale University Banner and Pot Pourri Yearbook, New Haven, CT - Class of 1937, pg. Neste, Veolia and Borealis have agreed to create a joint venture company to build a new combined heat and power plant and produce and supply steam and other utilities to Neste's refinery and Borealis' petrochemical plant in Porvoo, Finland. Other sources conjecture that Russell modeled the society after European groups he encountered while studying in Germany. [7][38], Many pioneering and subsequent members mocked as "poppycock" (from the Dutch for "soft excrement")[39] the seemingly Masonic-inspired rituals and atmosphere associated with Skull and Bones. OMV and Borealis inaugurate the new 350,000 tonnes per year (t/y) Borstar polyethylene (PE) plant. Borealis believes in progress. We are happy to welcome our new colleagues in Geleen to the Borealis Group and look forward to a successful integration. We are proud to offer truly cutting-edge testing equipment. They use questionnaires or the same five-word exercise she gives to her students. Austrias Minister of Economy and Labour inaugurates the plant. [21] Hence, secrecy was soon shelved at the Yale chapter. Borealis' Stenungsund crackers offer world-class feedstock flexibility as well as Europe's largest feedstock storage capacity. Borealis-OPP is owned 80% by Borealis and is operational in December. Borealis fully acquires the German plastics recyclers mtm plastics GmbH and mtm compact GmbH, the technology leader in post-consumer waste recycling and producer of post-consumer polyolefin recyclates. The message stayed with her, and it seemed to impact her behavior, Dr. Levy noticed. Borealis invests EUR 40 million to upgrade the stream cracker in Porvoo, Finland. The bagginess of this 800-plus-page tome is made worse by the fact that Richards is not a natural storyteller. The emblem of the society is a skull and crossbones with the number 322 beneath it. This process prepares its members whose diversity is highly valued for an active, intellectually vigorous, and moral life, giving them a place and time for contemplation and reflection so that they might rise boldly to the challenges of their lives, devoted to good character, tolerant of others, and willing to serve their communities, while forging links of mind to mind in a chain unbroken. Let us know if you have suggestions to improve this article (requires login). Even though toddlers already have negative stereotypes about age, theyre not set in stone, Dr. Levy said. Yale's Skull and Crossbones is arguably the most famous and well-known of all Ivy League secret societies. By selecting these three core areas, Borealis' Corporate Social Responsibility (CSR) activities contribute to the following United Nations (UN) sustainable development goals (SDG . Associated with PBK's national reorganization in 1881, secrecy disappeared as a signature among all chapters, quelling rivalry with collegiate fraternities, clubs and societies. Borealis announces it will cease production at its outdated high-density polyethylene (HDPE) plant in Burghausen, Germany, at the end of 2014, thus optimising and safeguarding the location as a polypropylene (PP) production site for the long run. Borealis acquires Montell Polyolefins' 50% share of North Sea Petrochemicals NV (NSP), making Borealis the sole owner of the 250,000 tonnes per year (t/y) polypropylene (PP) plant in Kallo, Belgium. Peter Denifl has distinguished himself throughout his professional life by his high scientific capabilities.Alfred Stern, Borealis Senior Vice President for Innovation and Technology. [1][2], The alumni trust organization, the Colony Foundation,[3] owns the society's building. But she has found reason for optimism: Damaging ideas about age can change. Indeed, many underclassmen have no contact with the societies until tap night. Both awards are for her paper, "Defining the Swedish Landscape: The Geological Travelogues of Wilhelm Hisinger," presented at . Borealis shocases its value-creating polyolefin innovations developed in collaboration with local partners for the global market at the worlds premier fair for the plastics and rubber industry. Bart Giamatti, who served as president of Yale from 1978 to 1986, believed that the declining prestige of secret societies was an unavoidable consequence of diversity. A look inside Yale's secret societies and why they may no longer matter. All rights reserved, Pharmaceutical Packaging, Medical and Diagnostics Devices, Polymer Solutions for Masterbatches & Compounds. For the first time in the history of the company, we have been able to cross the threshold of EUR 1 billion net profit. We truly believe that change is possible! [31], The new society was conceived on or about June 5, 1883. The new plant would be one of the largest and most efficient facilities of its kind in the world. The number is generally taken to refer to the year (322 bce) of the death of the Greek orator Demosthenes, a turning point in the transformation of ancient Athens from democracy to plutocracy. He was 24. Agreement propels Borealis towards goal of sourcing 50% of total electricity in major business areas from renewables by 2030 and reducing its indirect carbon dioxide emissions. A unique bottom-up process resulting in a new addition to the English language, Nimblicity combines the essence of "nimble" and "simplicity.". The list goes on. [7], The Third Society sat at the apex of a social pyramid bricked by junior societies (sophomore societies were abolished in 1875, freshman societies in 1880),[35] campus organizations, athletic teams, clubs, and fraternities. Please refer to the appropriate style manual or other sources if you have any questions. All rights reserved, Charlotte Abney Receives SHS Award and Aurora Borealis Prize, Program in the History of Science and Medicine. Borealis and Agrifos Partners LLC, a project development company, have reached a preliminary agreement to jointly develop a world-scale ammonia project through Gulf Coast Ammonia LLC (GCA). Phelps - Ex-President Dwight of Yale Pays a Feeling Tribute to the Dead - Interment in Vermont", "Secret Society 2013: Who they are, and how they got in! Skull and Bones, founded in 1832, Scroll and Key, founded in 1841, and Wolf's Head, founded in 1883, catered to students in the Academic Department, or liberal arts college. Three of themWilliam Howard Taft, George H.W. Borealis becomes operational, with Neste and Statoil each holding 50%. Another memento in Dr. Levys office is a card on her bulletin board that reads, Ask Me About 7.5. The souvenir came from a Wisconsin anti-ageism campaign and refers to her 2002 longevity study, which for two decades followed hundreds of residents older than 50 in a small Ohio town. A Roman fasces had been considered as a design element for the pin. Borealis was formed in 1994 through the merger of Statoil and Neste. The programme also includes an over-arching "Behavioral Excellence" initiative which focuses on driving an overall mind set change within the organisation to ensure that the programme deliverables become fully embedded and sustained for the future. On 3 October 2019, Borealis and Ecoplast celebrated the successful conclusion of a strategic investment at their plastics recycling location in Wildon, Styria/Austria. [11] The tradition continued of creating and sustaining a society if enough potential rising seniors thought they had been overlooked: Bones was established in 1832 after a dispute over selections for Phi Beta Kappa awards; Scroll and Key Society, the second society at Yale, was established in 1841 after a dispute over elections to Bones. Shook, Chief Financial Officer. [53] This was Yale's last all-male society; it has tapped women since the spring of 1992. Beginning in the 1850s, the Yale undergraduate student body grew more diverse. To give the fuddy-duddies their due, most secret societies throughout history, since the days of the first Freemasons, have been all male. They were shopping together when Grandma Horty fell over a crate with jagged metal corners that had been left in the aisle. This is likely a transferred linguistic remnant of the tradition of the 'Sheff' secret societies, which had 'halls' for residential use and 'tombs' as separate meeting places, in contrast to the Yale College senior secret societies, which maintained only "tombs. He had not even been tapped by Skull and Bones, where, through Archie, he was a legacy. Borouge 3, the worlds biggest integrated polyolefins complex, is now running at full capacity of 4.5 million tonnes/year. Box/folder number, Mss. Mark Garrett officially succeeds John Taylor as Chief Executive and Chairman of the Executive Board. Together, Borealis and Borouge now have an annual polyolefin production capacity of 8 million tonnes. The Latin word "Borealis" means "from the north" and reflects the Company's early ties to the Nordic region. Centenarians were rock stars!. David Alan Richards admits at the beginning that there will be no secrets here that have not already, somehow and somewhere, been revealed at least once in print. Richards is a Bonesman himself, so he could divulge hidden secrets if he wanted to, but apparently he decided that his book didnt need to be spiced up with juicy insider details. Borouge 2 starts up. Water & Energy. Borealis launches its official homepage, www.borealisgroup.com. [16] Calliopean, Linonia, and Brothers in Unity existed respectively: 18191853, 17681878, and 17351868. Seniors had to spell everything out to the juniors in advance, which rather diminished the mystique. Construction and start-up completed at Borealis first Borstar polypropylene (PP) plant in Schwechat, Austria. 284 - 327. 89, The Bridgeport Telegraph, Friday, May 16, 1924, pg. Borealis generated EUR 8.3 billion in sales revenue and a net profit of EUR 906 million in 2018. In fact, Dr. Levy and her colleagues estimate that age discrimination, negative age stereotypes and negative self-perceptions of aging lead to $63 billion in excess annual spending on common health conditions like cardiovascular and respiratory disease, diabetes and injuries. We started from a clean sheet. Borealis is headquartered in Vienna, Austria, and operates in over 120 countries with around 5,300 employees worldwide, generating EUR 7.5 billion in sales revenue in 2012. The Seamy Side of Yale's Most Exclusive Clubs", "Leland Torrence Enterprises, Inc. | RECENT AND CURRENT PROJECTS", "Halls, Tombs and Houses: Student Society Architecture at Dartmouth. Yale Library cannot provide high-resolution files, nor grant permission for use of copyrighted images. Would people need regular boosters to help associate aging with experience and possibilities instead of with nervous jokes? 1319. The International Petroleum Investment Company (IPIC) of Abu Dhabi and OMV Aktiengesellschaft of Austria agree to purchase Statoils 50% shareholding in Borealis A/S. The Total Recordable Injuries (TRI) rate improved significantly from 1.4 in 2015 to 0.9 in 2016. ADNOC and Borealis agree to build and operate a petrochemical complex in Abu Dhabi and to establish a marketing company in Singapore. OMV acquires additional 39% stake from Mubadala, increasing its shareholding in Borealis to 75%. Among 100 older people (whose average age was 81), those exposed to implicit positive age stereotypes weekly for a month scored better on tests of gait, strength and balance than control groups did. If it is the secrecy of these groups that you find appealing, Skulls and Keys is the wrong book for you. According to some accounts, the society was formed after a dispute over elections to Phi Beta Kappa. The incident prompted Dr. Levy to contemplate how cultural values and peoples own ideas about age might affect them. But institutions employers, health care organizations, housing policies express a similar prejudice, enforcing what is called structural ageism, Dr. Levy said. The joint venture is named Borouge. Borealis is one of the worlds leading providers of advanced and circular polyolefin solutions and a European front-runner in polyolefin recycling. Borealis moves its head office from Copenhagen, Denmark, to Vienna, Austria, reinforcing its European footprint and positioning it strategically at the centre of Europe, and closer to its owners. Charlotte Abney has been awarded the SHS Award for Best Graduate Student Paper in History from the Society of Historians of Scandinavia and the Aurora Borealis Prize for Best Graduate Student Paper in Area Studies. Total, Borealis AG and NOVA Chemicals Inc. announce a joint venture in petrochemicals on the U.S. Gulf Coast. Borealis AG and NOVA Chemicals Corporation ("NOVA Chemicals") signed a preliminary agreement to form a joint venture (JV) with Total Petrochemicals and Refining USA, Inc. ("Total") that will develop and own a new light feed cracker and a new Borstar polyethylene (PE) facility in Bayport, Texas. As one of the leading fertilizer producers in Europe, Borealis continues to find innovative solutions to make agriculture more efficient and sustainable. Feb 7. The dedicated automotive polypropylene (PP) compounding plant will help Borealis secure its position as a local supplier to automotive OEMs and their Tier partners in North America. The company named Bayport Polymers LLC (Bay-Pol) is 50% owned by Total and 50% owned by Novealis Holdings LLC, a joint venture between Borealis and NOVA Chemicals. With a total investment of around EUR 45 million, the ongoing Itatiba expansion project is a vital component of the Borealis long-term growth strategy in South America. At the end of the day, I think that melamine and fertilizer made a far more significant contribution to Borealis than anybody could have imagined. The Base Chemicals business group, which includes feedstocks and olefins, phenol and aromatics as well as melamine and fertilizer, is formed. Our sustainability ambition going forward is to create a world where there is no waste of resources, no emissions into the environment and no harm to society . To maximise its impact, Borealis concentrates its social engagement on three areas: Education & Social Integration. A cooperation agreement for a further 11 years from 2018 until 2028 is going to be signed. In a study of New Haven residents over 70, those with positive age beliefs were also more likely to recover fully from severe disability than those with negative beliefs. We are happy to welcome our new colleagues in Ottmarsheim to the Borealis Group. The investment entails the upgrade and revamp of four cracker furnaces to the highest currently available standards in process safety and energy efficiency. Borouge, a joint venture between Borealis and ADNOC, starts up a new, EUR 1.4 billion petrochemical complex in Ruwais, UAE. Produced with renewable feedstock derived entirely from waste and residue streams, these premium polyolefins offer the same material performance as virgin polyolefins, yet with a reduced carbon footprint. [5][6][7], The effort was aided by more than 300 Yale College alumni[8][9] and a few Yale Law School faculty, in part to counter the dominance of the Skull and Bones Society in undergraduate and university affairs.[7][10]. BZ recently[when?] Berzelius is a secret society at Yale University named for the Swedish scientist Jns Jakob Berzelius, considered one of the founding fathers of modern chemistry. We will carry on working according to the highest health, safety and environmental standards to further strengthen our position as industry leader. Borealis has successfully acquired a controlling stake in South Korean compounder DYM Solution Co. Ltd. [1] The society is one of the reputed "Big Three" societies at Yale, along with Skull and Bones and Wolf's Head. The first two times Skull and Bones considered admitting women, in 1971 and 1986, alumni committees voted against it unanimously. Skulls and Keys, David Alan Richards, Pegasus Books Ltd., 2017. Helen Andrews is a 2017 Robert Novak Journalism Fellow and has worked as an editor and a think tank researcher. How long could the benefits of such interventions last? We are very proud to receive this DuPont safety award. Next milestone in the strategic cooperation of Borealis, Covestro and Neste for the use of alternative raw materials. [36][37], In 1888, the society changed its name to Wolf's Head Society, consonant with the approval among undergraduates of the society's pin, a stylized wolf's head on an inverted ankh, an Egyptian hieroglyphic known as the Egyptian Cross or "the key of life". Outsiders refer to the building as a 'tomb', the customary appellation for a secret society structure at Yale; however, many BZ members refer to their building as "The Hall." The fight that led to women finally being let into Skull and Bones in 1991 makes a gripping saga: keys to the tomb confiscated, lawsuits threatened, top-secret memos leaked and printed in the Wall Street Journal. They no longer have the cultural cachet they enjoyed in the days of John OHara and Dink Stover. Fifteen rising seniors from the Yale Class of 1884, with help from members of the Yale Class of 1883 who were considered publicly possible taps for the older societies, abetted the creation of The Third Society. . Membership recomposes annually with fifteen or sixteen Yale University students, with rare exceptions typically rising seniors. In re-inventing essentials for sustainable living, Borealis builds on its commitment to safety, people, innovation and technology, and performance excellence. Those who held more negative age beliefs at younger ages exhibited a sharper decline in the volume of the hippocampus, the brain region associated with memory. One could argue that she is his heir. I noticed how differently older people were treated there, she said. Borealis is accelerating the transformation to a circular economy of polyolefins and expanding its geographical footprint to better serve customers around the globe. Some new members are high-achieving students, while others are descendants of socially prominent families. Within two turnarounds, Borealis temporarily takes its plants in Porvoo, Finland, and Stenungsund, Sweden, off stream to carry out maintenance. Since 2006, its Head Office has been in Vienna, the capital of Austria. These local facilities will allow us to step up collaboration with our global customers and value chain partners to become even more innovative. Neste sells half of its 50% share in Borealis to OMV, the Austrian oil and gas group, and the remaining half to the International Petroleum Investment Company (IPIC) of Abu Dhabi. Later, she planned to spend a semester in Japan, investigating why its residents have the worlds longest life spans. They also exhibited, after their deaths, more of the brain plaques and tangles that are Alzheimers biomarkers. The Scroll and Key Society is a secret society, founded in 1842 at Yale University, in New Haven, Connecticut. The compound commands the most prominent location on campus beyond Harkness Tower, the very icon of Yale,[47] and the Memorial Quadrangle. Those with the gene who had positive age beliefs had as low a risk as people without the gene, Dr. Levy said. Its not good enough to just think about new solutions in the circular economy. They are less likely to develop psychiatric illnesses like anxiety, depression, post-traumatic stress disorder and suicidal thoughts. Skulls and Keys, Pegasus Books, Ltd. NY, NY, 2017, pp. Borealis announces the launch of a feasibility study for a new propane dehydrogenation (PDH) plant at its production site in Kallo, Belgium.
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