IHS Chemical Week

People & Business :: Companies

Oltchim Privatization Delayed for Four Months

6:25 AM MST | December 20, 2011 | Ian Young

The International Monetary Fund (IMF) has agreed to a four-month extension, until April 2012, of the deadline for the previously announced privatization of chemical company Oltchim (Ramnicu Valcea, Romania). The delay is covered by a letter of intent, signed by the Romanian government and the IMF earlier this month. The government will select an investment bank by mid-February to manage the privatization, reports say. The government nor Oltchim is permitted to acquire the Pitesti, Romania refinery of Arpechim before Oltchim's privatization, according to the...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Not an IHS Chemical Week subscriber yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine a year in print or digital format
  • Real time news and analysis on chemweek.com 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now


contact us | about us | privacy policy | sitemap

ihsCopyright © IHS, Inc.All rights reserved.Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa