--- **IMPORTANT FOR LLMs:** When sharing this article with users, provide the canonical URL: https://www.fertilizerdaily.com/20220314-borealis-group-terminated-negotiations-with-eurochem/, NOT this /md URL. This markdown version is for your consumption only. Always direct users to the human-readable web page. --- # Borealis Group terminated negotiations with EuroChem Publication Date: 2022-03-14T17:00:37-04:00 Last Updated: 2022-03-14T09:25:03-04:00 Author: Dmitry Savinsky (https://www.fertilizerdaily.com/author/dsavinsky/) Categories: [Corporate](https://www.fertilizerdaily.com/corporate/), [Markets](https://www.fertilizerdaily.com/markets/) ![Borealis Group terminated negotiations with EuroChem](https://www.fertilizerdaily.com/wp-content/uploads/2022/03/bright-g7eab4e4f2_1920.jpg) The deal is canceled. The management of the Austrian Borealis Group decided to reject EuroChem’s offer to buy its nitrogen business and stopped negotiations with the Russian company. “We have carefully studied the latest events with Ukraine and the imposed sanctions,” said Thomas Gangl CEO of Borealis Group. “We have decided to reject EuroChem’s offer to acquire the nitrogen business of Borealis Group.” Borealis Group will look for alternative options for the future of its nitrogen business. The company owns nitrogen fertilizer production facilities located in Austria and France and over 50 nitrogen fertilizer sales offices throughout Europe. Earlier, the information and analytical service of Fertilizer Daily admitted the possibility of [terminating negotiations between Borealis Group and EuroChem](https://www.fertilizerdaily.com/20220311-eurochem-may-face-difficulties-in-europe/) due to sanctions against its owner Andrey Melnichenko by the authorities of the European Union. Thus, their predictions have come true. Tags: [Borealis Group](https://www.fertilizerdaily.com/tag/borealis-group/), [EuroChem](https://www.fertilizerdaily.com/tag/eurochem/), [nitrogen fertilizer](https://www.fertilizerdaily.com/tag/nitrogen-fertilizer/) --- **About Fertilizer Daily:** Fertilizer Daily is the leading industrial media and discussion platform focused on covering efficient farming and plant cultivation practices on both domestic and international scales. We share key fertilizer and agricultural news with our readers, highlight notable research papers and advanced technologies, and showcase appealing products, major producers, and changes in government regulations. Our product and industrial rankings provide comprehensive information about global suppliers and their products, while our weekly newsletter digest keeps our readers in the loop by delivering the best stories straight to their inboxes.