Tag Archives | outlook

Poland’s chemical industry may be hit by currency, feedstock costs

An interesting report, just out, today says growth in the Polish petrochemicals industry could be hindered by the appreciation of the zloty and rising naphtha costs.According to the report, Poland has a position as a regional outperformer owing to its resilient internal demand driven economic model, manageable private sector leverage, robust banking sector and stable […]

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PKN Orlen may breach loan covenants

PKN Orlen is in trouble again. Constant changes of leadership mean the group has real trouble following a set strategy. Political interference is the key probelm. A change of government means a change at the top for Orlen.According to ICIS news, quoting ING Bank, Orlen “could improve its financial health by selling its strategic oil […]

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