Investors from Germany, Japan and Turkey interested in MSK?

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.

MSK a.d Kikinda

Udruženje za hemijsku gumarsku industriju i industriju nemetala Privredne komore Srbije

Privredna komora Srbije

HIP-Petrohemija a.d. Pančevo

Serbia Zijin Copper doo Bor

Metanolsko sircetni kompleks Kikinda

MSK

methanol

acetic acid

production of methanol

production of acetic acid

Dragan Stevanovic

Association for Chemical Rubber and Non metal Industry at the CCIS

Chamber of Commerce of Serbia

CCIS

privatization of MSK

sale of MSK

Vladimir Krulj

Petrohemija

privatization of Petrohemija

RTB Bor

privatization of RTB Bor

PKB

privatization of PKB