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#Textile chemistry

Thomas Gangl assumes role of new Borealis CEO

The Borealis Supervisory Board is pleased to announce the appointment of Thomas Gangl (49) as new CEO of Borealis AG, effective 1 April 2021. Thomas Gangl succeeds Alfred Stern (56), who assumes the role of OMV’s Executive Board member for Chemicals & Materials.

Alfred Stern appointed OMV Executive Board member for Chemicals & Materials

The Borealis Supervisory Board is pleased to announce the appointment of Thomas Gangl (49) as new CEO of Borealis AG, effective 1 April 2021. Thomas Gangl succeeds Alfred Stern (56), who assumes the role of OMV’s Executive Board member for Chemicals & Materials.

With Thomas Gangl, Borealis gains an exceptional manager and expert from among OMV’s ranks. With over 20 years of experience in OMV, Thomas Gangl has not only played a significant part in shaping the refining and petrochemicals business in the OMV Group but more recently was also responsible for establishing chemical recycling and thereby laying the foundation for OMV’s circular economy strategy.

During his 13 year tenure at Borealis, Alfred Stern has successfully proven visionary leadership by driving Borealis’ transformation from a virgin polyolefins producer to a leading provider of advanced and circular polyolefin solutions, and firmly establishing the company as an innovation and technology leader. He has led Borealis on the way to become a purpose-driven organization, significantly growing enterprise value, while further expanding its geographical footprint in North America.



Borealis CEO Thomas Gangl - photo: © OMV AG
Borealis CEO Thomas Gangl - photo: © OMV AG


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#ITM 2026

ITM 2026: The new geography of textile production

New production hubs are emerging across North Africa and Central Asia, while Türkiye is accelerating its transformation toward higher-value, technology-driven and more sustainable textile manufacturing.

#Research & Development

“Production is a product”

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#Knitting & Hosiery

“We need to move away from the price trap and return to a value-driven mindset.”

With its new Textile Innovation Center, KARL MAYER is sending a strong signal for innovation, collaboration, and the future of textile applications. In this interview, Karl Josef Mayer discusses new opportunities in warp knitting, the processing of staple fibres, recycling, the changing role of machinery manufacturers, and why the textile industry must once again focus more strongly on the value of textiles. by Oliver Schmidt

#Associations

“Innovation, resilience and international experience remain the great strengths of the Swiss textile machinery industry”

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#Sustainability

Indovinya advances sustainable solutions with agreement for the supply of renewable Oxygen from Air Liquide

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#Textile chemistry

DyStar releases FY2025 sustainability report, marking a new milestone towards its 2030 targets

DyStar, a leading specialty chemicals company with more than a century of expertise in product development and innovation, today announced the release of its FY2025 Sustainability Report, marking a significant milestone in its sustainability journey and reinforcing its commitment to long-term value creation.

#Textile chemistry

CHT Group introduces ARRISTAN 7220 for durable soft finishes on coloured and white textiles

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#Textile chemistry

The CHT Group GmbH awarded Best Managed Company 2026

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Latest News

#Man-Made Fibers

Ministry of Industry Delegation visits NatureWorks’ second global manufacturing site at Nakhon Sawan Biocomplex

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#Recycling / Circular Economy

Indorama Ventures advances circularity tthrough PETValue Philippines' “Zero Waste to Landfill Partnership” with Republic Cement

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#Associations

IVGT membership: expertise that pays off

For energy-intensive textile companies, government compensation mechanisms are an important economic factor. The IVGT successfully supports its member companies in applying for state aid and thereby regularly contributes to significant financial relief.

#Research & Development

Networking Day 2026: Industry stakeholders unite around textile recycling

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