Urea Casale acquires Borealis' melamine process technology
Borealis' two melamine manufacturing sites in Austria and Germany not to be affected by the sale
BS B2B Bureau B2B Connect | Vienna, Austria

“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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“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.
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First Published: Oct 03 2013 | 11:03 AM IST