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Odesa Port-Side Chemical Plant to be for sale again in October, at lower price

Odesa Port-Side Chemical Plant to be for sale again in October, at lower priceThe Odesa Port-Side Chemical Plant (OPCP) will be put up for sale again in October, presumably at a lower starting price, Deputy Prime Minister, Minister of Economic Development and Trade Stepan Kubiv has said.

Read also: Ukraine's PM: New tender on Odesa Port-Side Chemical Plant to be announced

He noted at a forum dedicated to 100 days of work of the government in Kyiv that an unsuccessful tender for the sale of OPCP would become a valuable experience in the privatization of state enterprises.

Read also: Nobody wants to take part in Odesa Port-Side Plant tender due to high price - Ukraine's SPF

"It will allow the government to continue privatization in Ukraine, taking into account risks and the actual market price. The enterprise five years ago cost much more than today. As State Property Fund Bilous has said – I won't cite him. This is planned for October," Kubiv said.

Read also: Seven companies want to buy Odesa Port-Side Plant - Ukraine's SPF Head

According to him, investors interested in the purchase of the plant want a fair market price for the object.

Kubiv stressed a more effective owner today is not the state but a private investor.
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