Friday, May 08, 2009

Borealis posts Q1 net loss; witness 54% quarter-on-quarter improvement

Borealis, a leading provider of innovative, value creating plastics solutions, posted a net loss of EUR 56 mln for Q1 - 2009, a 54% improvement compared to the Q4 - 2008 as the company quickly reacts to the most significant global demand shock in decades.

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