Government to evaluate plans for saving ailing chemical industry

The State Treasury has prepared a new strategy to deal with the ailing chemical industry, which is to be evaluated by the government next week. As until now the Ministry has been promoting its idea to consolidate all six plants (Police, Puławy, Tarnów, Sarzyna, Kędzierzyn-Koźle and Zachem), however this concept was opposed by trade unions. Employees of the plants, which are currently in a better financial situation, Police, Puławy and Zachem, claim that all plants can be well-off on their own. Therefore a new plan has been formulated, which envisages consolidation of the five plants, excluding Police, and set Puławy as the group's leader. "We want to carry out the restructuring by ourselves. All consolidation plans could have been made at the beginning of the 90's when all the plants were in a similar situation," said Krzysztof Żyndul, the President of Police, who also a nnounced he will be making preparations for the plant to be listed on the Warsaw Stock Exchange sometime before 2005. (Parkiet, p. 1) A.K.