Tag Archives | Eastern Europe

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Chemical industry poised for recovery in Central and Eastern Europe

Survival is the name of the game for Central and East Europe‚Äôs (CEE) chemical industry over the next few years. Huge challenges remain:- Poor domestic and regional economic growth- Lack of state intervention to shore up economic recovery: many countries have no resources to do so as they are nearly bankrupt- No state money to […]

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Asian takeover of BorsodChem?

An investor from Asia is reportedly eyeing Hungary’s pvc maker, BorsodChem. According to realdeal.hu, an Asian investor has been buying up tranches of the East European chemical company’s debt.This is worrying for the comapny’s CEO, Wolfgang Buchele, who is worried that the group’s technology may be exported and his plants shut down. This all has […]

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