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Oltchim puts three petrochemical plants on sale

Oltchim Ramnicu-Valcea, the biggest chemical producer in Romania, which has been in insolvency since early 2013, has put three of its production units on sale. The assets include a PVC plant in Ramnicu Valcea, a petrochemical plant near Pitesti and a phthalic anhydride plant in Ramnicu Valcea. Oltchim’s judicial administrator hasn’t announced a price for this sale. Last year, Oltchim’s most important assets ...

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