Oltchim expected to be split up for sale

Following numerous rescue and privatization attempts,  and just as many disappointments, it now appears that at last the Romanian state owned chemicals company Oltchim SA will now be sold off piece by piece, plasticsnews.com reports. After years of waiting, Romania’s biggest chemicals operation, 54.8 percent state owned and bankrupt since 2013, is now being divided up into nine separate business units for sale to private sector ...

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