Archive | March, 2011

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Poland’s ZAT to spend $106m on petchem investments

It’s refreshing to see that money is being invested in updating and expanding chemicals in Poland. So much news coming out of this country concerns the failed privatization process. ICIS news reports that Poland’s Zaklady Azoty Tarnow (ZAT) group will spend up to Zl 300m ($106m, €74.4m) on investments in 2011 with a possible expansion […]

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PVC industry consolidation in central and eastern Europe?

Within the past few days the CEO of Hungary’s BorsodChem has restated his intention to sell or joint-venture out the company’s 365,000 tonne/year PVC operation. Poland’s PKN Orlen is also seeking a buyer for subsidiary Anwil, which has a 435,000 tonne/year PVC plant as well as a nitrogen fertilizer business. I sniff an opportunity here for […]

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Improved outlook for construction chemicals in CEE and CIS

A new report by data group Frost & Sullivan suggests construction chemicals suppliers should encounter buoyant markets in central and eastern Europe (CEE) and in the Commonwealth of Independent States (CIS) for several years ahead. COnstruction took a massive hit in CEE during the downturn with many projects grinding to a halt or never breaking […]

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