IHS Chemical Week

Regions :: Western Europe :: Sweden

Borealis Reports Decline in Net Profit on Flat Sales; Will Sell More Products from the Mideast

3:41 AM MDT | May 11, 2012 | Natasha Alperowicz

Borealis today reported a close to 20% drop in first quarter net profit to €140 million ($181.5 million) on flat sales of €1.882 billion and said that the expected recovery in the coming quarters of this year will be slow. The decrease in net profit was a result of difficult market conditions, especially for the European polyolefins business. Borouge, Borealis’s joint venture with the Abu Dhabi National Oil Co. at Ruwais, Abu Dhabi and Borealis’s fertilizers business reported a strong performance. Borealis recently acquired fertilizer...

This information is only available to Chemical Week subscribers.

Username:
Password:

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



Not an IHS Chemical Week member yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine in print or digital format
  • Critical daily news and analysis on chemweek.com
  • Free mobile edition 
  • 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

100% Satisfaction Guarantee
If at any time you are not completely satisfied with IHS Chemical Week, simply notify us and we'll refund the balance of your paid subscription - no problem.

Learn more about group subscriptions and site licenses.

 














 
contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 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