IHS Chemical Week

People & Business :: Earnings/Finance

Borealis's Profits Rise on Healthy Volume Growth

6:23 AM MDT | May 19, 2011 | Kerri Walsh

 Borealis reported first-quarter net income more than tripled, to €54 million ($248 million), on sales up 32%, to €1.9 billion from the year-ago period. Operating profit nearly tripled, to €179 million. Polyolefins and base chemicals results improved on "healthy volume growth and margin improvement," Borealis says. The Borouge joint venture provided an increased contribution because of the successful ramp-up of Borouge 2, the company says.  Borealis says its construction of a new innovation center in Abu Dhabi is scheduled to be...

This information is only available to Chemical Week subscribers.


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

Not an IHS Chemical Week subscriber yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine a year in print or digital format
  • Real time news and analysis on chemweek.com 
  • 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


contact us | about us | privacy policy | sitemap

ihsCopyright © 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