Borealis Starts Sales Process for Nitrogen Business

Polyolefins and fertilizers major Borealis AG, Vienna, said it has decided to start a process to divest its nitrogen business unit including fertilizer, technical nitrogen and melamine products. Borealis distributes around 5 million mt/y of fertilizers in Western, Central, and Southeast Europe. The company said its share in the Rosier fertilizer production sites in The Netherlands and Belgium is presently not being considered within the potential sales process.

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