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People & Business :: Companies
Ciech to divest epichlorohydrin plant in Poland
5:22 AM MST | November 22, 2012 | Sotirios Frantzanas
Ciech Chemical Group (Warsaw) intends to divest the epichlorohydrin (EPI) production plant of its subsidiary Zachem (Bydgoszcz, Poland), which has a workforce of about 200, according to Polish news website Express Bydgoski. Meanwhile, Zachem's toluene di-isocyanate (TDI) business will discontinue operations after 18 December, while EPI department will be kept in readiness, according to the Polish news website. This divestment is in line with Ciech's restructuring program, and follows the sale of sections of Zachem's TDI business to BASF, in October 2012. The...
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