Slovnaft to invest US$404 mln to increase PE capacity at Bratislava refinery in Slovakia

06-Dec-11
Slovnaft, the Slovakian unit of Hungarian oil and gas company Mol, is planning to invest €300 mln (US$404 mln) to replace a production unit at its Bratislava refinery in southwest Slovakia. The new plant will replace seven production lines and increase PE capacity by 42,000 tons to 220,000 tpa by November 2015, as per GTForum. Construction of the new plant, to be 5% more energy efficient, will commence in 2013. It will be built by Slovnaft’s wholly owned Slovnaft Petrochemicals subsidiary, which produces around 435,000 tpa of polyethylene.
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