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Agriculture

EuroChem offers to buy Borealis fertilizer unit

by Alex Scott
February 11, 2022 | A version of this story appeared in Volume 100, Issue 6
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Most Popular in Food

 

A Borealis melamine plant in Austria.
Credit: Borealis
A business sale to EuroChem would include this melamine plant in Austria.

The fertilizer producer EuroChem, which is active in Russia and Europe, has made a binding offer to buy Borealis’s nitrogen fertilizer and melamine business for $520 million. The business has production facilities in Austria, France, and Germany providing around 5 million metric tons of fertilizer annually, some of which it distributes via the Danube River. Borealis has not disclosed if it has accepted the offer but says it hopes to complete the sale of the business by year-end.

Chemical & Engineering News
ISSN 0009-2347
Copyright © 2024 American Chemical Society

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