IHS Chemical Week

World News and Views :: Top of the News

Total's GPN Subsidiary Signs Deal to Buy BASF out of Fertilizer JV

6:01 AM MST | January 20, 2012 | Ian Young

GPN, the fertilizer subsidiary of Total, has signed a contract to acquire BASF's 50% stake in the companies' PEC-Rhin fertilizer joint venture. GPN is exercising its pre-emption rights to buy the BASF stake, and becomes sole owner of PEC-Rhin. The transaction paves the way for GPN to divest PEC-Rhin, most likely to Borealis. Borealis announced last November that it had made an offer to GPN to acquire PEC-Rhin. Borealis has capacity to produce 1.6 million m.t./year of fertilizers at Linz, Austria. PEC-Rhin produces calcium ammonium nitrate and ammonium nitrate, as...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

Not an IHS Chemical Week
24/7 member yet?

Here's why you should be:

  • Searchable online archive access of the last 2 years of Chemical Week.
  • Print or digital magazine subscription
  • Price and market change alerts
  • Economic data and statistics
  • Buyers' Guides
  • Webcasts | whitepapers




contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa