Casale and Orica have agreed a deal for the acquisition, by Casale, of Orica’s complete process and know-how to produce Low Density Ammonium Nitrate (LDAN).
This acquisition is in line with Casale’s long-term growth strategy in the sector of syngas-based chemicals production processes, aimed at offering the complete production chains, from the feed stocks to the final products. In particular, the move strengthens Casale’s technical and commercial footprint in the solid Nitrates production process by complementing its well-proven High Density Ammonium Nitrate (HDAN) technology.
The deal includes the right to use in all new and revamped plants based on LDAN prilling technology, from now on supplied exclusively by Casale, of Orica’s proprietary, well-known additive Sapphyr, on commercial terms to be agreed. In addition, during the technology transfer phase, Orica will provide assistance to Casale and grant access to Orica’s plants.
Casale endeavours to continue to work on creating value for their customers through synergic acquisitions, while growing in its markets.