PKN Orlen aims to expand value chain in petrochemicals, mulls downstream PET production

19-Sep-11
Polish oil group PKN Orlen is aiming to expand its value chain in petrochemicals still further and is considering heading downstream into PET polymer production, as per European Plastics News staff. Earlier this year, Plock-based Orlen launched a €1 bln industrial complex in Wloclawek, Poland, producing the key PET polymer feedstock terephthalic acid (PTA) and paraxylene (PX). It has the capacity to manufacture 600,000 tpa of PTA. Now the group is planning to unveil details of its latest development strategy at the end of this year and this is likely to include expansion proposals for its petrochemicals business.
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