Chemical In Brief: PKN Orlen; Kreisel IPO; Radpol enjoys good H1

However, informal sources claim that the lawyers' fees are slowly reaching the level of both presidents' planned remuneration. (Parkiet, p. 1) ... Kreisel, a Poznań-based glue and plaster producer, plans to enter the bourse next year. The anticipated zł.30-50 million raised from Kreisel's IPO will be spent on new investments, local takeovers and entering east European markets. (Parkiet, p. 5) ... Radpol, a domestic heat-shrinkable materials producer, closed H1 of 2004 with a zł.2 million profit (a 130% increase compared to H1 2003) and revenues of zł.10.4 million (up 15.4% on H1 2003). (Parkiet, p. 5) D.W.