Dwory to invest $70 million in india rubber production

Chemicals company Firma Chemiczna Dwory plans to install two india rubber production lines at its Oswiecim plant. The $70 million investment will be implemented under the company's development strategy for the years 2003 to 2008. The new lines will increase the company's annual production capacity from some 110,000 tons of india rubber, to nearly 180,000 tons. A feasibility study for the new production lines was funded from a zl.1.3 million grant from the US Trade and Development Agency. Dwory is currently exploring a number of avenues for meeting the high capital demands of the project, including bank loans and cooperation with a partner. Another possibility is finding a permanent investor, an option that the investment director of Dwory's owner, NFI Foksal, says will be realized within a year. (Puls Biznesu, pp. 1, 8) M.K.