Hope talks on the restructuring of chemical plants will make way for debt relief

After eight months of consultations, the strategy for the restructuring of the chemical sector is to be discussed during a Sejm session today. Management of weaker chemical plants, such as Tarnów or Kędzierzyn, as well as their trade unions, hope that after the plan will be accepted by the cabinet, plans to write off their debts which reach zł. 1.6 billion will be executed. Without solving this issue there is no chance for restructuring the industry or hopes for further investment loans. "The strategy opens doors to public aid. We are only concerned about the lack of information which investments planned by us are specified as essential, and will be supported by the state," said Ryszard Ścigała, the president of Tarnów. Larger companies from the sector however do not support the strategy and have already begun to search for own solutions. Together with improved financial results, their aspirations have grown, which are often in conflict with the State Treasury or Nafta Polska's plans. (Puls Biznesu, p. 7) A.K.