The Zagreb-based company submitted a bid before the October 22 deadline to buy the facilities, the spokeswoman said, without adding further details.
According to Italian daily La Nuova Sardegna, two other bids have been presented to the Italian development ministry, which is handling the sale. No ministry spokesman was available to confirm the details.
Vinyls Italia, which formerly belonged to UK-based Ineos, went into receivership in May last year, forcing the closure of production facilities for polyvinyl chloride and other related products in Ravenna, Porto Maghera and Porto Torres, all in Italy.
The government's industrial development ministry has since tried to sell the three sites through international tenders.
The other two bidders are reported by the newspaper to be a Swiss-based fund, which it did not name, and an Italian-led consortium, led by polyolefins distributor Industrie Generali. An official at the Samarate, Italy-based company declined to comment on the report.
A previous attempt to sell the assets fell through in May this year when Qatari engineering company Ramco Trading and Contracting pulled out of the negotiations. La Nuova Sardegna said Ramco had been linked with the Swiss consortium that submitted a bid, but the company could not be reached for comment.
As part of the tender and in order to help push through the sale, Vinyls Italia's parent company Eni said it would supply vital raw materials and cede necessary assets to ensure a restart of the plants.
NEW PLANT IN CROATIA
Dioki, which specializes in the production of polyethylene and polystyrene opened a new production facility on the Croatian island of Krk earlier this month which produces the intermediate vinyl chloride monomer that is used in PVC production. The plant has a nameplate capacity of 200,000
mt/yr, the company said.
However, since Dioki has no PVC production capacity, the acquisition of the Italian sites would make strategic sense, giving it a vertically-integrated outlet, PVC market sources said last week.
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