Borealis Acquires Fertilizer Maker | Chemical & Engineering News
Volume 90 Issue 8 | p. 22 | Concentrates
Issue Date: February 20, 2012

Borealis Acquires Fertilizer Maker

Department: Business
Keywords: fertilizers, Europe, M&A
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The PEC-Rhin plant in Ottmarsheim, France.
Credit: Borealis
The PEC-Rhin nitrogen fertilizer plant in Ottmarsheim, France, now owned by Borealis.
 
The PEC-Rhin plant in Ottmarsheim, France.
Credit: Borealis

Borealis has acquired the French nitrogen fertilizer maker PEC-Rhin from Total. PEC-Rhin had been owned by BASF and Total. BASF had intended to sell its 50% interest in the venture, along with the rest of its fertilizer business, to Russia’s EuroChem, but Total intervened with a preemptive option to buy out BASF’s stake. Total then sold the entire operation to Borealis.

 
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