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  4. Prayon acquires parts of Ecophos assets

Prayon acquires parts of Ecophos assets

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World Fertilizer,

Prayon has acquired the intellectual property, including patents portfolio and process know-how, of Ecophos s.a. which filed for bankruptcy earlier in March. The deal includes the semi-industrial demonstration plant of Technophos JSCo based in Varna, Bulgaria.

“Prayon is very happy to announce this acquisition since it fits perfectly with our strategy”, said Marc Collin, CTO of Prayon. “The process portfolio proposed by Ecophos is complementary to that offered by Prayon through its licensing division. We will continue to promote them in parallel as they have their own particular specificities. It is also an important step towards our goal to become an important actor of the circular economy.”

Owned equally by OCP SA (Morocco) and the SRIW (Belgium) Prayon manufactures and distributes a wide range of purified phosphoric acids, phosphate salts and fluorine products geared towards the food and fertilizer sectors, and for many different industrial applications.

Read the article online at: https://www.worldfertilizer.com/phosphates/07052020/prayon-acquires-parts-of-ecophos-assets/

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