Serbia Procurement News Notice - 841


Procurement News Notice

PNN 841
Work Detail Serbian Minister of Economy Goran Knezevic said Monday he had offered Russia to take part in a restructuring and recovery of Serbia's petrochemical and nitrogen plants in Pancevo and the Methanol and Acetic Acid Complex (MSK) in Kikinda, Kurir has reported.

Serbian Minister of Economy Goran Knezevic said Monday he had offered Russia to take part in a restructuring and recovery of Serbia's petrochemical and nitrogen plants in Pancevo and the Methanol and Acetic Acid Complex (MSK) in Kikinda, Kurir has reported.

When asked why Russian companies would be interested in these enterprises, Knezevic said Serbia's oil and gas company NIS - majority-owned by Russia's Gazpromneft - was the biggest creditor of the petrochemical plant.

Naphtha, the basic raw material used by the petrochemical plant, is produced by the NIS oil refinery in Pancevo, he added.

"What we are offering them is that we jointly revive the petrochemical plant to make it a solid and profitable company in the future. In the same way, we are offering them to become involved in the nitrogen plant and the MSK," Knezevic told the paper.
Country Serbia , Southern Europe
Industry Chemicals & Fertilizer
Entry Date 02 Sep 2016
Source http://www.tanjug.rs/full-view_en.aspx?izb=267334

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