IHS Chemical Week

Regions :: Western Europe

Divestments Boost Earnings at Borealis

8:37 AM MST | November 21, 2007 | Ian Young

Borealis says its third-quarter net profits more than doubled, to €225 million ($330 million), on sales up 9%, to €1.66 billion. Earnings were boosted by a one-off gain of €105 million from the divestment earlier this year of Borealis’s olefins and polyolefins assets in Norway to Ineos. Borealis’s third-quarter operating profits increased 29%, to €143 million. Taylor: ‘Resistance’ to price increases. Speaking at a press briefing in Vienna last week, Borealis chairman and CEO John Taylor described the company’s...

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