IHS Chemical Week

People & Business :: Companies

Borealis's Profits Soar on Better Base Chemicals and Durable Products Sales

4:19 AM MDT | August 12, 2010 | Natasha Alperowicz

Borealis (Vienna) reported a near tripling in net profit on 40% higher sales in the second quarter of this year. However, Mark Garrett, CEO, expects the rest of the year to remain volatile. Speaking to CW this morning, Garrett said that, in general, polyolefin margins are improving. Feedstock prices have fallen from a peak in April while polyolefin market prices continued to increase, leading to improved industry margins. Borealis's net profit, which includes its share of Borouge, the Abu Dhabi-based joint venture with the Abu Dhabi National Oil Co. (Adnoc), rose...

This information is only available to Chemical Week subscribers.

Username:
Password:

Forgot your user ID or password?
Click here to have it sent to you.



Not an IHS Chemical Week member yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine in print or digital format
  • Critical daily news and analysis on chemweek.com
  • Free mobile edition 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now

100% Satisfaction Guarantee
If at any time you are not completely satisfied with IHS Chemical Week, simply notify us and we'll refund the balance of your paid subscription - no problem.

Learn more about group subscriptions and site licenses.

 














 
contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa