Nafta Polska plans to devise new strategy for oil and chemical sectors

Nafta Polska, the state agency responsible for the privatization of the oil and chemical sectors, will draft a strategy for the chemicals industry by the end of this year. The plan likely will envisage consolidation of fertilizer producers, such as ZA Pulawy, ZCh Police and Anwil. Nafta Polska will also have its work cut out devising a new strategy for its three oil refineries in Southern Poland - Glimar Gorlice, Jaslo and Czechowice-Dziedzice. Lower margins and demand for fuels, as well as next year's changes in excise tax regulations, could put the small refineries in a difficult situation. Nafta president Maciej Gierej believes, however, that it will be possible to salvage the oil producers. (Puls Biznesu, p. 9) T.J.