IHS Chemical Week

Chemical Week Magazine :: Business & Finance :: Europe/Mideast

Borealis’s Profit Declines; Borouge Is a Bright Spot

8:00 AM MDT | August 17, 2012 | —Natasha Alperowicz

Borealis, one of Europe’s largest producers of polyolefins, reported a 33% decline in second-quarter net profit, to €112 million ($138 million), on flat sales of €1.87 billion, citing the European debt crisis and market volatility. CEO Mark Garrett, speaking exclusively to CW, says 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 struggle with polyolefins in...

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 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