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PCC, Oltchim to build polyurethane factory

Industrial group Petro Carbo Chem, the minority shareholder of Oltchim, will build in partnership with the chemical plant in Valcea /north-west of Bucharest/ a polyurethane factory on the latter's platform, which will be functional in some 2 years, on Friday the PCC development manager Wojciech Zaremba told Rompres.

According to him, the project was started last year, after Petro Carbo Chem and Oltchim established a joint venture, in which PCC holds 60% and Oltchim - 40%. 'We will soon finalize a part of this factory, to which PCC contributed 15 million dollars in cash, and Oltchim - 10 million dollars, in equipment', said the PCC official. Polyurethane is a chemical product used for making the plastics used in the furniture, automotive, construction and household appliance industries. Sursa: http://www.rompress.ro

Tags: oltchim factory polyurethane

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