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Omsk-Polymer may be eventually sold in June

May 17/2012

(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.

Omsk Chemical 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.
Author:Anna Larionova
Tags:PS, packaging.
Category:General News
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