GPCA 2009: Caution Before Crisis Helped Borealis Weather Downturn

Borealis has been able to weather the downturn because of actions taken before and during the recession, said Mark Garrett, CEO of Borealis, addressing the Fourth Annual GPCA Forum in Dubai. The company stayed away from acquisitions and kept a close eye on spending in anticipation of a downturn in a bid to keep the financial situation of the company strong....

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