02 August 2011 15:51 [Source: ICIS news]
LONDON (ICIS)--PKN Orlen wants to gather all preliminary offers for all or part of its polyvinyl chloride (PVC) and nitrogen fertilizer subsidiary Anwil by the end of this year, the Polish oil, chemicals and petrochemicals group said on Tuesday.
“Market research shows that there is more interest from potential buyers in the fertilizer unit. However, if during the sale process there are investors willing to buy both production parts… we will also consider it,” said Orlen spokeswoman Joanna Puskar.
Orlen said there had been a major improvement in the fortunes of Polish nitrogen fertilizer makers in the past year.
ZAP said it had not ruled out making another bid for all or part of Anwil.
For more on PVC visit ICIS chemical intelligence
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