Borealis has announced improved profits for the third consecutive quarter and a EUR 64 million increase over Q3-2005. Sales revenue for the quarter was EUR 1,533 mln as against EUR 1,232 mln in Q3-2005. Net profit after tax for the quarter stood at EUR 104 mln, as against EUR 40 mln in the previous quarter.
EUR 200 mln is to be invested in a 330,000 ton state-of-the-art Borstar® polypropylene (PP) plant in Burghausen, Germany, on track for completion at the end of 2007. Borouge, Borealis' joint venture in the Middle East, has announced the establishment of a new innovation centre in the United Arab Emirates.
(Press release)
Previous News
Next News
-
PetroChina expanded cracker start up on schedule
-
Oil prices flat at US$59 at the beginning of the week
-
SK Corp to tie up with SINOPEC in China?
-
Mitsubishi Chemical Group sets up marketing company in Thailand
-
Sabic plans US$ b bln petrochemical venture in China
-
Engineering plastics to grow by 3.5% pa in USA through 2010
-
IOC undecided on acquiring stake in Indonesia's PT Tuban
-
Price trends of oil, feedstock and commodity polymers for week October 09, 2006 in Asia
-
Oil, feedstock and commodity polymers for the week of October 16, 2006 in Asia
-
Price trends of oil, feedstock and commodity polymers in Asia for the week of October 23, 2006
-
NGR & ENGEL Showcase Thin Wall rPET Moulded Cups With IML
-
Sidel's Nitro Square – The Stand- Out Square Bottle For Nitrogen Dosed Water
-
Manufacturing to Brand Building: India’s Plastics Industry Steps Into Its Next Era
-
Indorama Inaugurates a New Recycling Line in San Roque
-
Indorama Ventures, Varun Beverages Form Joint Venture For 100,000 Tons of PET Recycling
-
World's First Plant-Based Plastic Christmas Trees
-
Enhancing Mechanical Recycling Quality Through Research in Plastic Sorting, Decontamination, Compounding and Analysis
-
AIMPLAS Develops a Project To Reduce Odors In Cars With Contaminant- Free Recycled Material
-
LyondellBasell Unveils New Polypropylene Impact Copolymer: Pro-Fax EP648R
-
BASF Inaugurates New NPG Plant at Zhanjiang Verbund Site and Launches NEOL® NPG with Reduced Product Carbon Footprint
14-Nov-06 
{{comment.DateTimeStampDisplay}}
{{comment.Comments}}