27 October 2008 13:28 [Source: ICIS news]
PRAGUE (ICIS news)--Czech agrochemicals company Agrofert hopes to build up its biofuel operations through a proposed merger with a subsidiary of Czech agricultural commodities holding Agropol Group, it said on Monday.
Agrofert said the combined companies would create one of the largest agrochemical, fertiliser, agricultural commodity and biofuels businesses in ?xml:namespace>
UOHS chairman Martin Pecina said he could not see any fundamental obstacles to an Agrofert-Agropol merger.
In a statement on the Agrofert bid, Agropol owner Jiri Malus said Agrofert was one of three strategic partners under consideration, with a decision on the preferred partner due on 17 November.
Primagra's biofuel operations so far centre on its koruna (Kc) 100m (€4.05m/$5.09m) rapeseed oil methyl ester (
Agrofert’s subsidiary Preol is creating a biodiesel production unit and rapeseed processing centre at
($1 = Kc19.65/€1 = 24.69)
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections