Platts 2007/7/20
Polish Dwory buys
Czech producer Kaucuk for $267 million
Polish
petrochemical company Dwory has bought 100% of Czech company
Kaucuk,
owned by oil company Unipetrol, the Czech company said Friday.
2007/2/5 neurope.eu Unipetrol sells Kaucuk to Poland's Dwory
Czech oil and chemicals group Unipetrol announced on January 30 the disposal of its unit Kaucuk to Polish chemical company Dwory for 5.5 billion Czech crowns (195 million Euro), website praguemonitor.com reported.
Dwory offered the highest price in a tender.
The price of the sale was Eur195 million . The deal was first signed January 30.
チェコのUnipetrol は100%子会社のKaucukが合成ゴム事業を行っている。
Dwory S.A. is one of the biggest Polish enterprises in the chemical field.
Company actively concentrates on three product areas:
synthetic rubbers
stylrene plastics
vinyl and copolymer dispersions
The price of the sale was
Eur195 million ($267 million). The deal was first signed January
30. The sale was finalized Thursday.
On July 10, Unipetrol, Kaucuk and Dwory
completed a joint venture agreement for the development and operation
of a new butadiene unit in the industrial area in Kralupy nad
Vltavou. Kaucuk runs a 130 kt/yr styrene monomer unit and a 87
kt/yr general purpose polystyrene unit at the site. The
construction of the new butadiene unit will be through the
company Butadiene Kralupy (51% Unipetrol and 49% Kaucuk). The
unit will be supplied by Chemopetrol's chain steam cracker in
Litvinov.
Before the shares of Kaucuk were transferred to Dwory, the
companies concerned signed deals for the supply of C4s, raffinate
1, ethylene, benzene and heating oil between Kaucuk and Butadiene
Kralupy, respectively, on one part and Chemopetrol and Unipetrol
on the other, the company said.
The sale of Kaucuk to Dwory and execution of the joint venture
agreement for purposes of the construction and operation of the
new butadiene unit were approved by the anti-monopoly authorities
in the Czech Republic, Poland, Germany, Ukraine, Slovakia,
Lithuania and Austria, it added.
Kralupy nad Vltavou, Czech
・Kaucuk
runs a 130 kt/yr styrene monomer unit and a 87 kt/yr general
purpose polystyrene unit
・New Jv Butadiene Kralupy (51%
Unipetrol and 49% Kaucuk) a new butadiene unit
原料C4s, raffinate 1, ethylene,
benzene and heating oil from Chemopetrol's chain steam cracker
in Litvinov
Work starts on Poland's first PTA plant
Construction work started
Wednesday on Poland's first purified terephthalic acid plant, Polish refiner PKN Orlen said.
In August last year, PKN Orlen signed a contract with Mitsubishi
Heavy Industries to design, supply and provide on-site
supervision for the construction of the 600,000 mt/year capacity plant at PKN Orlen's
chemicals complex in Wloclawek, about 160 km northwest of the
capital Warsaw.
The cost of the plant is estimated at Zloty 3.73 billion ($1.87
billion) and it is expected to come onstream in October 2010, PKN
Orlen said in a statement. The plant will be built by Polish
company Polimex-Mostostal.
The facility will produce the PTA, used in making polyester
resins and PET plastic bottles, under license from Mitsubishi
Chemical.
Demand for PTA has risen sharply in Poland in recent years due to
strong economic growth fueled by the country's entry into the
European Union.
In July last year PKN Orlen signed a contract worth Eur160
million ($251.77 million) with Technip to increase production at
its paraxylene plant in Plock, central Poland. Paraxylene is used
in the production of PTA.
2008/7/23 PKN ORLEN
PKN ORLEN begins construction of the PTA Plant
Today in Wloclawek (Poland) the Presidents of PKN ORLEN, Polimex-Mostostal and the City of Wloclawek together with representatives of Mitsubishi Chemical officially commenced the construction of a purified terephthalic acid plant (PTA). The installation, with an annual production capacity of 600,000 tonnes, will be operating on the premises of PKN ORLEN adjacent to ANWIL Wloclawek.
Polimex-Mostostal was contracted the general constructor of the plant upon the agreement signed with PKN ORLEN in 2007. The PTA process is licensed by Mitsubishi Chemical, the world’s third biggest PTA manufacturer and leading producer of the acid in Asia. The contracted technology complies with the best available techniques requirements.
The PTA plant is scheduled to commence production in H2 2010. Until then, PKN ORLEN is to increase the production capacity of its paraxylene plant in Plock, a feedstock for PTA. The PTA plant cost is estimated at PLN 3.73 bln. The facility will directly employ over 200 staff with additional personnel to be employed by the maintenance and logistics companies.
The average yearly demand for PTA in Western Europe between 2003 and 2010 is forecasted to grow by 6 per cent every year mainly thanks to applications in the plastics industry, especially polyesters broadly used in such branches as textile, packaging, food and pharmaceuticals.