- Full Time Employees
- 1,655
- Sector
- Process industries
- Industry
- Chemicals: specialty
- Address
- Onesti Romania
- IPO Date
- Nov 25, 1996
- Business
- Chimcomplex S.A. Borzesti is a Romania-based chemical manufacturer specializing in the production and distribution of polyols, chlor-alkali products, and oxo-alcohols for industrial applications across Europe and international markets. The company operates two major integrated chemical production platforms situated in Onesti and Ramnicu Valcea, supplying intermediate raw materials to end-user industries such as polyurethane foams, automotive, construction, adhesives, agriculture, pharmaceuticals, metallurgy, and water treatment. Its primary product and service offerings comprise: polyols and polyethers, including flexible slabstock polyols, rigid polyols, and graft polymer polyols used in polyurethane systems; chlor-alkali derivatives, including liquid caustic soda, caustic soda flakes, caustic soda pearls, liquid chlorine, hydrochloric acid, and sodium hypochlorite; oxo-alcohols, including 2-ethylhexanol, isobutanol, and normal butanol; inorganic chlorides and salts, including calcium chloride and ferric chloride; organic chemicals and specialty intermediates, including methylamines, ethylamines, isopropylamines, chlorinated solvents, and electrolysis-derived green hydrogen; and industrial support services, including combined heat and power generation; plant maintenance and technical design; industrial automation; and laboratory analytical testing. Founded in 1954 and headquartered in Borzesti, Bacau County, Romania, the company operates under the CRC Group and is publicly traded on the Bucharest Stock Exchange under the symbol CRC. In recent developments, Chimcomplex has advanced strategic international partnerships and modernization initiatives, including the establishment of the Turkmen-Romanian Chemical Company joint venture with Turkmenhimiya to develop regional chemical manufacturing and cogeneration power assets, as well as a strategic collaboration with Econic to develop carbon-dioxide-based sustainable polyols. Concurrently, the company has implemented an operational restructuring and cost-efficiency program to optimize production processes across its manufacturing sites, enhance energy efficiency through high-efficiency cogeneration and trigeneration facilities, and prioritize investments in decarbonization and higher-margin specialty chemical production.