Ciech sale of ZC Alwernia chemical plant getting complicated

The issue of selling a 73% stake in chemical plant ZC Alwernia by chemical concern Ciech is beginning to get complicated, as it attracted a large interest and moreover its employees began to look for an investor on their own. "Two companies, producing chemical food products, interested in buying Alwernia showed up," said a workers representative. Employees do not count on a sector investor, as the situation of the industry is very bad. "Our domestic investors promise to keep employment at their current levels and to invest in the development of the company. Moreover they intent to buy the whole company," claims a Puls Biznesu informer. In the meantime, Ciech is also conducting negotiations with interested parties and among them is an Italian producer of chrome-related products. "If it is chosen, then the company would split," said the informer. Representative of Ciech refused to comment on the information, as by doing so they would violate the interests of their company. (Puls Biznesu, pp. 1, 9) M.M.