Products
Downloads
Locations / Sites
Contacts
Download list
Back to News

Borealis acquired PEC-Rhin S.A. from GPN

Borealis, a leading provider of chemical and innovative plastics solutions and a major player in fertilizers in Central Europe, announces it has acquired PEC-Rhin S.A. (Ottmarsheim, France) in its entirety from GPN. GPN, a 100% subsidiary of Total, owned a 50% interest in PEC-Rhin S.A. and exercised its pre-emption right for the remaining 50% stake originally owned by BASF SE. This process has now been completed and approved by the relevant antitrust authorities. Pec-Rhin is a producer of nitrate fertilizers as well as ammonia, ammonia water and nitric acid for industrial use.

“We are happy to welcome our new colleagues in Ottmarsheim to the Borealis Group. Pec-Rhin with its assets on the border between France and Germany on the Rhine river is certainly most complementary to our current fertilizer business, which is mainly focused on the Danube-region”, says Mark Garrett, Borealis Chief Executive.

Borealis will now investigate how to best integrate the new site and its activities without disrupting the current business and production processes. “With the fertilizer season coming up it is important the customers continue to be supplied without interruptions. LINZER AGRO TRADE, the Borealis fertilizer organization, will be the sole distributor of the products,” says Markku Korvenranta, Borealis Executive Vice President Base Chemicals.

END

For further information please contact:

Kerstin Meckler, Director Communications
Tel. +43 (0)1 22 400 389
e-mail: kerstin.meckler@borealisgroup.com 

Downloads
Borealis acquired PEC-Rhin S.A. from GPN English, French, German
Media Contact
Virginia Mesicek
External Communications Manager

Related News

Media Release – 31/10/2018

Borealis delivers a solid quarter, focusses on growth and further strengthens commitment to plastics recycling

Read more

Media Release – 30/10/2018

Project STOP: Scale-up commitment and next city partnerships announced at Our Ocean Conference 2018 in Bali, Indonesia

Read more

Media Release – 29/10/2018

Borealis signs agreement to acquire a controlling stake in South Korean compounder DYM Solution Co. Ltd

Read more

Media Release – 29/10/2018

Borealis supports Global Commitment to Eliminate Plastic Pollution at the Source and Commits to more than Quadruple its Recycled Plastics Volume by 2025

Read more

Media Release – 24/10/2018

Borealis announces collaboration with start-up Qpinch to scale up revolutionary heat recovery technology

Read more

News – 16/10/2018

Update on Project STOP: Change is possible and the momentum continues

Read more

Media Release – 09/10/2018

Borealis and Borouge introduce Borealis Bormed™ PL8830-PH, the first controlled plastomers solution for the healthcare industry

Read more

Media Release – 06/10/2018

Borealis to build new, world-scale 750,000 tonne/year propane dehydrogenation (PDH) plant in Belgium

Read more

News – 02/10/2018

United States: Bayport Polymers to Double Polyethylene Capacity

Read more