Monday 29 March 2010

Poland chemical privatization firm ZChP still waiting for bailout

Poland's largest nitrogen phosphorus potassium (NPK) fertilizer producer, Zaklady Chemiczne Police, is still waiting for a zloty (Zl) 150m ($51.4m, €38.7m) state bail out to be approved by the European Commission. Follow this link for the full story

Monday 22 March 2010

Brenntag highlights antitrust in IPO prospectus

In its recently published IPO prospectus, German chemical group Brenntag raises the prospect of "substantial fines" and the forced divestment of assets at below market prices if it is found to be in violation of antitrust rules.
Click here to read the full article http://www.icis.com/blogs/east-european-chemicals/2010/03/brenntag-highlights-antitrust-fines-in-ipo-prospectus.html

Hellenic Petroleum petrochemical assets could be for sale

Burdened by at least $406bn in national debt, Greece is now considering the sale of many assets, including its 35.5% stake in Hellenic Petroleum which produces chemicals including MTBE, caustic soda, chlorine and PVC at its main Thessaloniki plant.
Follow this link for the full story http://www.icis.com/blogs/east-european-chemicals/2010/03/hellenic-petroleum-petrochemical-assets-could-be-for-sale.html

Monday 15 March 2010

Univar pushes into Romania and Russia

Univar plans to expand into Romania and Russia in the coming years as part of a growth strategy in central and eastern Europe (CEE), the global chemical distributor told my colleague, Elaine Burridge, today.
Follow this link to see the full story: http://www.icis.com/blogs/east-european-chemicals/2010/03/univar-pushes-into-romania-and-russia.html
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