Petrokemija invests €56.2m into manufacturing plants

Croatian artificial fertilizer producer Petrokemija invested about €56.2m to overhaul and streamline its manufacturing plants. Almost half of the funding went toward the construction of a new gas pipeline that will provide natural gas to the plants. Petrokemija co-financed the project with the Croatian Bank for Reconstruction and Development. Petrokemija reported €542.3m in revenues in the first six months of the year, down 19.01 percent y-o-y.