Chimcomplex

What Chimcomplex does

Chimcomplex is a Romanian industrial chemical manufacturer operating the two largest chemical production complexes in Romania, located in Onești and Râmnicu Vâlcea, with a workforce of approximately 1,500 specialists and a heritage spanning 70+ years since 1952. The company is organized through two legal entities — Chimcomplex SA Borzești (primary, incorporated 1991) and Chimcomplex SA Rm. Vâlcea (incorporated 2018) — and is publicly listed on the Bucharest Stock Exchange under ticker CRC.

Chimcomplex produces and commercializes a broad portfolio of inorganic and organic chemical substances: PETOL® polyether polyols for polyurethane synthesis; organic chemicals (octanol, isobutanol, N-butanol, propylene glycol, dichloropropane, propylene oxide); chlorine-based biocides (in which it is the sole Romanian producer of active chlorine-based biocidal substances); chlorosodic products (caustic soda, liquid chlorine, hydrochloric acid, sodium hypochlorite); inorganic chlorides (ferric chloride, calcium chloride); alkylamines (mono-, di-, trimethylamine, isopropylamine); and sulfuric acid. The company also operates electricity supply and distribution services, reflecting vertical integration into energy.

The business model is B2B sales-led, with pricing determined through quote-based requests (a "CERE OFERTA" form on the website) and direct contact with the Marketing Sales Department. Customers are industrial enterprises across polyurethane manufacturing, water treatment and sanitation, and broader chemical processing. Chimcomplex is a member of CEFIC's Responsible Care initiative, RomChimica, Europur, AmCham Romania, AHK Romania, and ANEIR, signaling compliance with European chemical-industry safety and sustainability standards.

Name

Chimcomplex

Legal name

Chimcomplex SA Borzești

Website

https://chimcomplex.ro

Company type

Public

Founded year

1952

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Chimcomplex is Romania's largest chemical manufacturer, operating two integrated platforms in Onești and Râmnicu Vâlcea to produce polyols, chlor-alkali, biocides, organic chemicals, and alkylamines for industrial B2B customers. The company is publicly listed on the Bucharest Stock Exchange under ticker CRC.

Ownership category

akta.pro rank

Product category

Industrial Chemicals

NAICS

Chemical Manufacturing (325), Other Basic Organic Chemical Manufacturing (32519), Other Basic Inorganic Chemical Manufacturing (325180), Resin, Synthetic Rubber, and Artificial and Synthetic Fibers and Filaments Manufacturing (3252)

SIC

Industrial Inorganic Chemicals (2810), Industrial Organic Chemicals (2860), Plastic Material, Synth Resin/Rubber, Cellulos (No Glass) (2820)

akta.pro primary industry

PVC & Chlor-Vinyl Chain (Chlor-Alkali, EDC/VCM, PVC) (IMAEADAF)

akta.pro secondary industries

Biocides & Disinfection Chemicals (Non-Agricultural) (IMAEAJAL), Plasticizers & Solvents (Phthalates/Alternatives, Commodity Solvents) (IMAEADAK)

Keywords

• Industrial chemical manufacturing
• Polyether polyols production
• Chlor-alkali products
• Biocidal substances manufacturing
• Inorganic chemical production

Headquarters

HQ city

Bacau

HQ country

Romania

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D

Revenue model

1. Chemical Products Sales: Chimcomplex manufactures and sells a wide range of chemical products including polyols (PETOL®), organic chemicals (octanol, isobutanol, N-butanol, propyleneglycol), biocides, chlor-alkali products, inorganic chlorides, and alkylamines. Revenue is generated through direct B2B sales to industrial customers.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Chimcomplex manufactures and commercializes inorganic and organic chemical substances across two integrated production platforms in Romania (Onești and Râmnicu Vâlcea). Its product portfolio includes PETOL® polyether polyols for polyurethane synthesis, organic chemicals (octanol, isobutanol, N-butanol, propylene glycol, propylene oxide), chlorine-based biocides, chlor-alkali products, inorganic chlorides, alkylamines, and sulfuric acid. The company also supplies and distributes electricity.

Product overview

Chimcomplex is a Romanian chemical company operating the largest chemical production platforms in Romania (Onești and Râmnicu Vâlcea). The company produces and commercializes inorganic and organic chemical substances organized into distinct product lines: polyether polyols (PETOL® brand) for polyurethane synthesis; organic chemicals including alcohols and glycols; chlorine-based biocides (only producer in Romania); chlorosodic products; inorganic chlorides; alkylamines; and sulfuric acid. The company also provides electricity supply and distribution services. With 1500 specialists and 70 years of history, Chimcomplex serves multiple essential markets through these integrated product categories.

Differentiator

Problem solved

Functional benefit

Brands

• PETOL®: A family of polyether polyols used for synthesis of polyurethane products including adhesives, coatings, sealants, elastomers, flexible block and cast polyurethane foams, and rigid and semi-rigid polyurethane foams.

Products and services

• PETOL® Polioli (Polyether Polyols)

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Six partnerships are on record, tiered core and minor.

• CEFIC (European Chemical Industry Council)coreOthersChimcomplex is a member of CEFIC's Responsible Care initiative, participating in the European chemical industry's sustainability and safety program that promotes continuous improvement in environmental, health, and safety performance.
• RomChimicacoreOthersMember of RomChimica, the Romanian chemical industry association representing and promoting the interests of Romanian chemical companies.
• EuropurcoreStrategic or Co-development PartnerMember of Europur, the European association of polyurethane manufacturers, supporting Chimcomplex's position in the polyols and polyurethane market.
• AmCham Romania (American Chamber of Commerce)minorOthersMember of AmCham Romania, supporting business connections between Romanian and international companies.
• AHK Romania (German-Romanian Chamber of Commerce)minorOthersMember of AHK Romania, facilitating business relationships and trade between German and Romanian companies.
• ANEIR (Romanian National Employers' Association)minorOthersMember of ANEIR, the Romanian National Employers' Association representing employers' interests.

Scale indicators4 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Orbia (formerly Mexichem): Global chlor-alkali, vinyls and fluorinated specialties producer. Comparable to Chimcomplex's chlor-alkali and downstream chlorinated organics focus across multiple geographies.
• Olin Corporation: Largest North American integrated chlor-alkali producer (chlorine, caustic soda, bleach) and chlorinated organics. Directly comparable to Chimcomplex's chlorosodic and chlorine-based biocide platforms at Onești and Râmnicu Vâlcea.
• Kem One: European integrated chlor-alkali, PVC, and chlorinated derivatives producer. Directly comparable to Chimcomplex as a mid-scale European chlor-vinyl chain competitor operating integrated platforms.
• Tessenderlo Group: Belgian-based producer of chlor-alkali, inorganic chlorides (ferric chloride, calcium chloride), and crop solutions. Directly comparable to Chimcomplex's chlor-alkali and inorganic chloride product lines.
• Westlake Corporation: Integrated chlor-alkali, EDC/VCM and PVC producer with downstream organic chemicals (chlorinated derivatives, epoxy). Comparable to Chimcomplex's chlor-alkali and chlorinated organic chemicals value chain.
• INEOS Group: European-headquartered producer of chlorine, caustic soda, PVC, polyolefins, and a range of specialty chemicals. Closely comparable to Chimcomplex's chlor-alkali, PVC-chain feedstocks, and organic chemicals portfolio.
• Covestro: Global leader in polyether polyols and MDI/TDI for polyurethanes used in foams, adhesives, coatings and elastomers. Directly comparable to Chimcomplex's PETOL® polyol line serving the same polyurethane value chain across flexible and rigid foams.

Broad incumbents

• Dow Inc. Major integrated chemicals producer including chlor-alkali, polyolefins, polyurethanes systems, and propylene oxide/glycol. Broad incumbent competitor with overlapping product categories to Chimcomplex's portfolio.
• BASF: World's largest chemical company with broad polyurethanes (polyols, MDI/TDI), chlor-alkali, and inorganic chemicals portfolios. Overlaps with Chimcomplex across multiple product lines but operates at vastly greater scale and across more geographies.

Emerging players

• Wanhua Chemical (BorsodChem): Chinese chemical major with growing European polyurethanes presence via BorsodChem, producing MDI/TDI and polyols. Increasingly comparable to Chimcomplex's PETOL® polyols franchise as it expands into EU markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Chimcomplex