TITLE

MOL, PKN Orlen stake out position

PUB. DATE
May 2005
SOURCE
Chemical Market Reporter;5/23/2005, Vol. 267 Issue 21, p13
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article presents information on the petrochemical industry. MOL Hungarian Oil & Gas Co., which is one of Eastern Europe's leading petrochemical producers, has been stepping up its efforts to gain a stronger presence in Western European polymers markets. In the first quarter of this year, the company reduced volume sales of polymers in Hungary by 12 percent in order to boost sales in Germany, France and Italy. PKN Orlen SA, the Polish oil company which is Eastern Europe's other major petrochemical producer, is also poised to make inroads into the Western European market following the European Commission's approval of its takeover of a majority share in Unipetrol, the Czech oil and petrochemical company
ACCESSION #
17138544

 

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