Oltchim already considering investments in Petrochemicals Arges
Thursday, August 30, 2007
Oltchim Ramnicu Valcea (OLT) chemical plant on September 5 will start negotiations to take over Petrochemicals Arges, the firm into which Petrom transferred the petrochemical operations of Arpechim Pitesti refinery, which is the main supplier of raw material to Oltchim, daily Ziarul Financiar wrote on Monday. Oltchim representatives maintain that in case an agreement is reached with Petrom on the takeover of Petrochemicals Arges, they are set to invest around 100m euros to boost the ...