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Borealis becomes 100% owner of FEBORAN OOD/Bulgaria

Borealis, a leading provider of innovative solutions in the fields of polyolefins, base chemicals and fertilizers, announces that it has become a 100% shareholder of FEBORAN OOD/Bulgaria, after acquiring 60% of the shares from First Energy Bank of Bahrain.

FEBORAN EOOD (Single Member Limited Liability Company) is holding a 20.3% stake in the stock listed Fertilizer company Neochim AD in Bulgaria. With this transaction Borealis will further strengthen its footprint in the fertilizer business in the South-East European region.

END

For further information please contact:

Patrick Laureys
Senior External Communications Manager
Tel +43 1 22 400 726 (Vienna, Austria)
e-mail: patrick.laureys@borealisgroup.com

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Borealis becomes 100% owner of FEBORAN OOD/Bulgaria English, German
Media Contact
Patrick Laureys
Senior External Communications Manager

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