German firm wins negotiation rights for chemical plants

Nafta Polska (NP) decided yesterday to grant Germany's Petro Carbo Chem exclusive negotiation rights concerning the purchase. The German company's main rival was Anwil, which is part of the Orlen group, and also submitted a final offer. "The decision was dictated by the price for the two companies offered by PCC," said Cezary Nowosad, NP's deputy president. The funds acquired from the sale will strengthen the state budget. For the chemical plants, however, most important are plans concerning future investments which were a part of the offer. "The investment program of the Germa company for Tarnów and Kędzierzyn are also on a satisfactory level for us," added Nowosad, declining, however, from revealing any details. The rights to exclusive negotiations will last until February 17 in case of Kędzierzyn and until March 10 for Tarnów. (Puls Biznesu, pp. 1, 8) A.K.