MOSCOW (MRC) -- Orlen Poludnie, belonging to the PKN Orlen group, has set up a propylene glycol production plant at the biorefinery in Trzebinia (Malopolska), built at a cost of around PLN 400 million, said the company.
According to the company’s management, it is the first installation of this type in Poland and the largest in Europe.
Its production capacity is 30 thousand. tonnes per year, which means that the company will cover as much as 75 percent. domestic demand for this product. The investment worth approximately PLN 400 million will contribute to the increase in the company's operating EBITDA by over PLN 50 million annually. The first Polish hydrogen hub is an integral part of the complex. The projects implemented in the south of Poland are another step towards achieving the strategic goals of the concern in the area of ??low- and zero-emission energy.
The new investment will strengthen ORLEN Poludnie's position on the domestic biocomponent market, but also as an employer in the region. Several dozen jobs were created in the glycol installation. The company currently employs over 670 people, more than half of which work at the Trzebinia refinery. The construction of the green glycol production plant began in the fall of 2019 and was completed according to the schedule.
As per MRC, KBR has been awarded technology licensing contracts by PKN Orlen for KBR's leading Solvent Deasphalting (SDA) and Residue Fluid Catalytic Cracking (RFCC) technologies as part of PKN's Bottom-of-the-Barrel project for its Plock Refinery in Poland. Under the terms of the contracts, KBR will provide technology licensing and basic engineering design for the SDA and RFCC units.
According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 1,638,370 tonnes in the first eight months of 2021, up by 10% year on year. Shipments of all grades of ethylene polymers increased. At the same time, PP shipments to the Russian market were 989,570 tonnes in the first eight months of 2021, up by 30% year on year. Deliveries of homopolymer PP and block-copolymers of propylene (PP block copolymers) increased, whereas shipments of injection moulding PP random copolymers decreased significantly.
PKN Orlen is a leading player on the fuels and energy markets, and the largest company in Central and Eastern Europe, listed in prestigious global rankings such as Fortune Global 500, Platts TOP250 and Thompson Reuters TOP100. The ORLEN Group operates in 6 home markets – Poland, the Czech Republic, Germany, Lithuania, Slovakia and Canada.