Borealis divests Biosuper

Vienna — Borealis has announced the divestment of its Biosuper business in France. The Biosuper brand, a phosphate-based dryer used in animal stables, and the related production equipment will be transferred to the new owner, Eliard SPCP, in third-quarter 2014. Borealis said the sale will free up storage space for Borealis’ fertilizer products at its warehouse in La Rochelle, France. Currently, Borealis sells around 150,000 mt/y of fertilizers from La Rochelle, where around 40 people are employed. The divestment has no personnel impact, as all current warehouse employees will be needed to handle the additional 10,000 mt/y of fertilizer volumes.