Borealis Sells Melamine Process Technology to Urea Casale
Borealis AG, Vienna, Austria, sells 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.
According to Markku Korvenranta, Executive Vice President Base Chemicals Borealis, 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.
Borealis produces Melamine at two sites in Linz, Austria, and Piesteritz, Germany. These sites will be not affected by the sale.
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