Borealis won’t idle petchems capacity despite gas shortages, high costs: CEO
Austrian petrochemical maker Borealis does not plan to idle any production capacity next year and is focused on growing its operations globally despite natural gas shortages in Europe, high energy prices and softer demand in high growth markets such as Asia, the company’s CEO told S&P Global Commodity Insights. “We are growing and not idling capacity,” Thomas Gangl said in…