Back to News

Borealis made offer to acquire PEC-Rhin from GPN

Borealis, a leading international provider of chemical and innovative plastics solutions and a major player in fertilizers in Central Europe, has made a firm offer to GPN to acquire PEC-Rhin in its entirety. This is related to GPN, which owns a 50% interest in PEC-Rhin, having exercised its pre-emption right for the remaining 50% stake from BASF SE.

Following this firm offer, the relevant employee representatives are being informed and consulted on the proposed sale to Borealis. The transaction is subject to the approval of the relevant antitrust authorities.

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 gibt bindendes Angebot an GNP zur Akquisition von PEC-Rhin English, German
Media Contact
Group Media desk
Virginia Wieser, Lena Lehner
+43 1 22 400 899 (Vienna, Austria)
media@borealisgroup.com

Latest News

Media Release – 27/09/2023

Borealis appoints Britta Warnke Vice President Energy and Shanila Baseley Vice President Mobility and Advanced Products as of 1 September 2023

Read more

Media Release – 26/09/2023

Executive Vice President Lucrèce Foufopoulos-De Ridder to leave Borealis

Read more

Media Release – 18/09/2023

New Material Recovery Facility Opened in Banyuwangi Under Project STOP’s Expansion Program

Read more

News – 31/08/2023

All Borealis polyolefin and polyolefin compounding sites in Europe ISCC PLUS certified

Read more

Media Release – 04/08/2023

Project STOP Jembrana Hands Over the Program to the Local Government

Read more

Media Release – 14/07/2023

Borealis Scientific Innovation Award open for submissions

Read more

News – 13/07/2023

Borealis supports program to restore drinking water infrastructure in Beira, Mozambique after Cyclone Idai

Read more

Media Release – 11/07/2023

Borealis completes Stenungsund cracker furnace revamp, elevating plant to higher energy efficiency and process safety standards

Read more

Case Study – 05/07/2023

Borealis completes the sale of its nitrogen business to AGROFERT

Read more