Borealis, the Vienna-based (Austria) global provider of polyolefins, base chemicals and fertilisers, has sold its proprietary melamine high pressure process technology and its newly developed super high pressure process technology and all related intellectual property rights to Urea Casale SA, Switzerland. Borealis produces melamine at two sites in Linz, Austria and Piesteritz, Germany. These sites will be not affected by the sale.
“The divestment follows an earlier strategic decision by the company to focus on the melamine business and production, and to exit the melamine licensing activity. Engineering and technology providers in the Nitrogen industry can leverage their business activities by adding this leading technology into their portfolio,” said Markku Korvenranta, Executive Vice President Base Chemicals, Borealis, in a press release.
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Urea Casale is a global leader in the design and refurbishment of urea plants and belongs to the Casale Group, founded in 1921 as Ammonia Casale, which is also a leader in the design and refurbishment of ammonia and methanol plants. Leveraging on the basis of the know-how and intellectual property developed in over 500 reference projects around the world, the Group has acquired unique expertise in ammonia, methanol and urea production. The Group’s main focus is on developing and licensing its proprietary technologies, but it also has the full capability to provide all the types of service that are required to successfully implement projects, including turn-key projects, as well as supplying all necessary after-sales assistance.
“Thanks to its strong synergy with the urea process, the melamine technology fits perfectly into Casale’s portfolio of process technologies,” said Giuseppe Guarino, CEO of the Casale Group companies.
“The divestment follows an earlier strategic decision by the company to focus on the melamine business and production, and to exit the melamine licensing activity. Engineering and technology providers in the Nitrogen industry can leverage their business activities by adding this leading technology into their portfolio,” said Markku Korvenranta, Executive Vice President Base Chemicals, Borealis, in a press release.
ALSO READ: FCIL inks MoU with CIL, GAIL and RCF to revive Talcher urea plant
Urea Casale is a global leader in the design and refurbishment of urea plants and belongs to the Casale Group, founded in 1921 as Ammonia Casale, which is also a leader in the design and refurbishment of ammonia and methanol plants. Leveraging on the basis of the know-how and intellectual property developed in over 500 reference projects around the world, the Group has acquired unique expertise in ammonia, methanol and urea production. The Group’s main focus is on developing and licensing its proprietary technologies, but it also has the full capability to provide all the types of service that are required to successfully implement projects, including turn-key projects, as well as supplying all necessary after-sales assistance.
“Thanks to its strong synergy with the urea process, the melamine technology fits perfectly into Casale’s portfolio of process technologies,” said Giuseppe Guarino, CEO of the Casale Group companies.