(chemmonitor) -- The
Russia-based company Omsk- Polymer, engaged in the production of polystyrene and
its downstream products, was put up for tender for the fourth time at an initial
price of around RUB 1.1 billion (USD 36 million).
However, potential buyers did not demonstrate any interest. As a result, the
price was lowered to RUB 995 (USD 32) million, VAT not included.
Omsk Chemical Company is one of the industry leaders in polystyrene
production in the Russian Federation and the CIS. Production volume has
grown to 60,000 tons annually. Omsk Chemical Company supplies polystyrene
to a number of chemical and light industrial enterprises.
Company is one of the biggest producers of polystyrene film, disposable
tableware and packaging. The company is one of the largest suppliers of
disposable utensils and packaging in the Russian Federation, Ukraine,
Kazakhstan, Belorussia, and the Baltic States.