Chemicals equation

"In the second half of 2005, it is planned to float shares of Police and Puławy plants," announced Treasury Minister Jacek Socha. The Puławy plant's IPO (pictured)means an increase in its share capital of zł.320 million from the sale of shares to a sector investor and Polish Oil and Gas (PGNiG). Shares from the remaining companies in the sector will be transferred to Nafta Polska over the next three months as part of the first phase of privatization. (Poland A.M.)