Borealis delivers solid profits in a difficult market environment

IndustrialsChemicals ♦ Published: August 9, 2012; 16:20 ♦ (Vindobona)

Borealis recorded a net profit of € 112m in the second quarter of 2012 compared to € 168m during the same period in the record year 2011.

Borealis delivers solid profits in a difficult market environment / Picture: © Borealis

Borealis, a provider of chemical and innovative plastics solutions, recorded a net profit of € 112m for the second quarter of 2012 compared to € 168m in the same quarter in 2011. Net profit for the first half of 2012 reached € 252m compared to € 341m during the same period of the record year 2011.

The Base Chemicals business and Borouge, Borealis’ joint…