You're reading: Companies from France and Qatar interested in Odesa port plant

 Companies from France and Qatar have shown interest in the privatization of PJSC Odesa port-side chemical plant, acting head of the State Property Fund of Ukraine (SPF) Dmytro Parfenenko has said.

“These are a French company, a company from Qatar and a company from the Middle East,” he said in the Persha Shpalta program on First National Channel.

Parfenenko noted that the SPF plans to obtain at least $600 million for the state-owned stake in the plant.

“The assessment of this property has not been made. A decision will be made jointly. It is possible we will up the ante. How they act on the market: if the number of participants is limited enough, i.e. not more than two or three, we are absolutely entitled to raise the starting price to avoid any situation with a possible collusion or dumping,” he said.

Odesa port-side chemical plant is engaged in manufacturing chemical products, as well as ammonia transshipment to sea transport.

The plant is state owned, but in late 2014 it is planned to put it up for privatization.