Markets :: Plastics :: Polyethylene
Swiss Firm Bids for Two Subsidiaries of Croatia's Dioki
1:10 PM MDT | July 25, 2012 | Ian Young
Petrochemicals and polymers producer Dioki Group (Zagreb, Croatia) says it has received a €20-million ($24.3 million) bid from United Energy Commodities (UEC; Geneva) to buy majority stakes in Dioki's Dina Petrokemija and Adriaoil subsidiaries. Dioki, in a filing with the Zagreb Stock Exchange, also says that Croatia's finance ministry has granted a request for state guarantees on a €5-million transfer from UEC—included in the €20-million bid—that would be used to pay outstanding wages of Dioki and Dina Petrokemija workers...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee