Borealis net earnings decline, major project schedules to suffer slippage

Borealis net earnings decline, major project schedules to suffer slippage
WESPECH PTE LTD
8 Eu Tong Sen Street #14-94, The Central, Singapore (059818)
+65 315 904 24

07.08.2020

MOSCOW (MRC) -- Borealis (Vienna, Austria) has reported a net profit of EUR64 million (USD76 million) for the second quarter of 2020, down 80% year on year (YOY), and says its major growth investment projects will suffer delays of between "a couple of weeks and a few months" due to the COVID-19 pandemic, reported Chemweek.The company's 625,000-metric tons/year steam cracker at Stenungsund

Full article at mrcplast.com

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