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Significant growth for Krones in 2011

Significant growth for Krones in 2011

Sales at Krones, the world’s market leader for beverage filling and packaging technology were up by 14.1 % in the 2011 business year compared to 2010, rising from 2,173.3 to 2,480.3 million euros. Krones has thus overachieved its growth target.

BASF in 2011

BASF in 2011

BASF significantly surpassed the record levels of 2010 in sales and earnings, and thus again earned a high premium on its cost of capital in 2011.

Borealis in 2011

Borealis in 2011

Borealis, a leading provider of chemical and innovative plastics solutions, recorded a net profit of EUR 507 million in 2011, compared to EUR 333 million in 2010.

Good year for Bayer but plastics division suffers

Good year for Bayer but plastics division suffers

Bayer has reported a 58% hike in its Q4 net profit, despite difficult market conditions, and said it expects future growth for its healthcare and farming science divisions during 2009. However, the company revealed a disappointing drop in earnings for its material science business, which includes plastics and sealants.

BASF confirms outlook for 2008 and presents longterm financial goal

BASF confirms outlook for 2008 and presents longterm financial goal

At an analyst conference held in London, BASF has confirmed its outlook for 2008 despite signs of weakening growth in the chemical industry. For the current year, the company has revised its expectations for growth in global chemical production from 2.8 percent to 2.4 percent. For 2008, BASF is now assuming an average oil price (Brent) of $120 per barrel and an average exchange rate of $1.55 per euro.

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