IHS Chemical Week

Regions :: Western Europe :: Austria

Borealis Posts Lower Net Profit; Borouge, Fertilizers Make Major Contributions

4:12 AM MDT | August 9, 2012 | Natasha Alperowicz

Borealis, one of Europe’s largest polyolefin producers, today reported a 33% decline in second-quarter net profit, to €112 million ($138.2 million), on flat sales of €1.87 billion, citing the European debt crisis and market volatility. CEO Mark Garrett speaking exclusively to CW this morning, said that the company's base chemicals and fertilizers businesses, as well as Borouge—Borealis’s joint venture with Abu Dhabi National Oil at Ruwais, Abu Dhabi—are performing very well but that the company is "continuing to...

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