Borealis: Profits and Sales Increase Remarkably

IndustrialsChemicals ♦ Published: November 16, 2012; 14:47 ♦ (Vindobona)

The Austrian chemical group Borealis recorded a net profit of € 129m in the third quarter of 2012, an increase of € 22m compared to the third quarter of 2011

Borealis: Profits and Sales Increase Remarkably / Picture: © Borealis

Borealis, an Austrian provider of chemical and innovative plastics solutions, recorded a net profit of € 129m for the third quarter of 2012 compared to € 107m in the same quarter in 2011. Overall, the company has delivered a net profit of € 380m year to date, compared to € 448m during the same period in 2011. Net debt was reduced by € 63m in the third quarter…