Chemical Week Magazine :: Business & Finance :: Europe/Mideast
Borealis Takes Over Melamine Producer
8:44 AM MDT | July 30, 2007 | Ian Young
OMV (Vienna) and International Petroleum Investment Co. (IPIC; Abu Dhabi) plan to incorporate their Agrolinz Melamine International (AMI; Linz, Austria) joint venture into Borealis, another OMV-IPIC jv. The move should take place in the first half of 2007, the companies say. OMV and IPIC each own 50% of AMI; Borealis is a 65-35 jv between IPIC and OMV. IPIC bought its AMI stake from OMV in 2005, and IPIC owns 17.6% of OMV. AMI says it is Europe’s biggest producer of melamine, and the world’s second-biggest producer behind DSM. It also produces...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee