in this issue
Regions :: Western Europe
Borealis's net profit grows 67% driven by polyolefins
7:57 AM MDT | May 14, 2014 | Francinia Protti-Alvarez
Borealis reports €102 million ($140.1 million) in net profit for the first quarter, growing about 67% year-on-year (YOY), driven by a better performance by the company's polyolefins business. Net sales amounted to €2.26 billion, up 14% YOY. The company has not provided Ebitda figures or revenue on a segment-by-segment basis. "[The results are] in line with what we expected because we had [the] Borouge 1 and 2 [joint venture complexes] in turnaround at this time last year; when you take Borouge 1 and 2 off-line, that is a big profit contributor that...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee