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Markets :: Plastics :: Polystyrene

LPG supplier Crodux planning to help relaunch production at Dioki's PS and EPS plants

9:10 AM MST | January 14, 2013 | Francinia Protti-Alvarez

Crodux Plin (Zagreb, Croatia), a provider of liquefied petroleum gas (LPG), is planning to relaunch polystyrene (PS) and expandable polystyrene (EPS) production at Dioki’s (Zagreb) sites, according to Croatian media reports.   Crodux and Dioki are in the final stages of talks to establish a partnership that would allow Dioki to continue some of its operations. Crodux signed a letter of intent with Dioki in December and offered €5 million ($6.67 million) to finance unpaid salaries. Dioki has been struggling financially for months. On 30 November...

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