IHS Chemical Week

Regions :: Western Europe

Borealis reports higher sales and profits, looking into importing US gas

5:37 AM MST | November 16, 2012 | Natasha Alperowicz

Borealis today reported a 21% increase in third-quarter net profit, to €129 million ($165 million), on 10% higher sales, at €1.92 billion. The company, owned 64% by the International Petroleum Investment Co. (IPIC; Abu Dhabi) and 36% by OMV (Vienna), is continuing to benefit from its investment in Borouge, the Abu Dhabi–based petrochemicals producer owned 60% by the Abu Dhabi National Oil Co. and 40% by Borealis. Borouge in the third quarter contributed two-thirds of Borealis’s net profit. The polyolefins business was at breakeven and base...

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