Ukrainian plans to buy a 75% stake in the company
The Antimonopoly Committee has given permission for the purchase of a 75% stake in Lukoil Chemical B.V. (Netherlands), which owns 100% of LLC “Karpatneftekhim”, writes “Interfax-Ukraine”.
According to the committee, the company Techinservice Limited (London, UK) is allowed to buy more than 25% of the Dutch Chemical Lukoil, unspecified natural persons, citizens of Ukraine through Xedrian Holding Ltd (Cyprus) – more than 75% Lukoil Chemical.
Ltd. “Karpatneftekhim” produces ethylene, polyethylene, vinyl chloride, caustic soda, chlorine and suspension PVC. The plant was shut down in September 2012 due to the unfavorable situation on the petrochemicals market, and still not running (except for short-lived resumption of the production of PVC).