News

Billionaire Solowow, Acron Eye Polish Chemicals

09.05.2012 -

Polish billionaire Michal Solowow and Russian fertilizer producer Acron are interested in buying some of the Polish state's stakes in local chemical companies, local daily Puls Biznesu reported on Wednesday.

Solowow is most interested in ZA Pulawy but is also looking at Tarnow, while Acron is "very seriously interested" in taking part in the privatization of the Polish chemicals sector, the newspaper said without citing any sources.

Solowow and Acron were unavailable for comment, while the Treasury ministry, which oversees state assets, declined to comment. Poland holds a 32% stake in Tarnow, a 51% stake in Pulawy and 39% in Ciech.