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455 million euros!

 Last Update: 2022-03-04
 Source: Internet
 Author: User

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Sinochem News Borealis recently stated that it has received a binding offer from EuroChem to acquire Borealis' nitrogen business (including fertilizers and melamine) at a price of 455 million euros (about 3.

EuroChem is already one of the largest fertilizer producers in Europe

Borealis operates fertilizer production plants in the heart of key crop-producing regions in Austria and France

The transaction will significantly enhance EuroChem's nitrogen business in Europe, adding production assets in Austria, Germany and France, and increasing use of the Danube's comprehensive sales and distribution network

In 2020, Borealis' nitrogen business had sales of 3.

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