Print This Page Email This Page Share on LinkedIn Add This Copyright Permissions Comment on This Story Custom Reprints Current Issue View Archives More GPCA Project financing likely to have shorter maturity periods, GPCA Forum toldGPCA signs MoU with ACC to launch Gulf's Responsible Care InitiativeTrade barriers cannot alter Gulf's fundamental petrochemical strengths, says Al-NaimiSaudi Oil Minister Al-Naimi to deliver inaugural keynote address at GPCA ForumGPCA Commits to Responsible Care Related Stories Borealis Reports Fourth Quarter Loss; Records Solid Performance for 2008GPCA Speakers Highlight Partnerships, Diversification, Talent ManagementGPCA Highlights Growing Mideast InfluenceBorealis Includes Melamine Unit in Abu Dhabi Petchem StudyIsrael Chemicals Second-Quarter Profits Soar

GPCA

GPCA 2009: Caution Before Crisis Helped Borealis Weather Downturn

Borealis has been able to weather the downturn because of actions taken before and during the recession, said Mark Garrett, CEO of Borealis, addressing the Fourth Annual GPCA Forum in Dubai. The company stayed away from acquisitions and kept a close eye on spending in anticipation of a downturn in a bid to keep the financial situation of the company strong....

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