Monday, September 21, 2015

Odessa chemical plant to go on sale in February

By Svetlana Sytina
The Ukrainian Times

According to Igor Bilous, chairman of the State Property Fund of Ukraine, more than 10 companies take a keen interest in the acquisition of the Odessa portside chemical plant. Among possible investors are Chinese, European and Moroccan companies.

As expected, a competition to sell the Odessa enterprise will be held in February. The initial bidding price of 94.5% of plant’s shares ranges between $500 million and $620 million.

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