Investors from Germany, Japan and Turkey interested in MSK?

Source: RTS Monday, 04.06.2018. 08:33
A public invitation for MSK Kikinda has been placed, the second one in half a year. By mid-August, it will be known whether there are potential purchasers, and companies from the chemical industry, with at least EUR 150 million in revenues, are eligible. As RTS learns, there are interested companies from Germany, Japan and Turkey.

The current operations of MSK are positive, but their problem is the high price of gas, their main raw material.

– The best partner for MSK would be a company that would continue producing, as there's room for it in the global market. Ninety five percent of the methanol produced is exported, as is 98% of the acetic acid, primarily to the European Union – pointed out Dragan Stevanovic, Secretary of the Association for Chemical, Rubber and Non-metal Industry at the CCIS.

Economist Vladimir Krulj believes that a partner that would enable a lower price of gas on the one hand, and that has the experience not just in marketing the product, but regarding the technology as well, is what the company needs. This will also provide it with a competitive position in the market, Krulj said.

RTS reminds that the government plans to solve the problem of RTB Bor, PKB and the petrochemical complex. Tenders are being prepared for their sale, and the government, they say, is talking with Russians and Azerbaijanis about the privatization of Petrohemija.
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