PKN Orlen , Poland's largest oil company, plans to invest 1 bln euro in several petrochemical units projected to come onstream in 2010. 60% investment will be for PTA unit and 40% for PX.
PKN has signed contracts with Polish construction company Polimex and Japan's Mitsubishi Heavy Industries to build a purified terephthalic acid (PTA) plant and paraxylene (PX) installation. Terephthalic acid production is estimated to reach 600,000 tpa, after production commences at the end of 2010. The paraxylene plant will have a capacity of 400,000 tpa. These plants target to attain full capacity in two years.
PKN has signed contracts with Polish construction company Polimex and Japan's Mitsubishi Heavy Industries to build a purified terephthalic acid (PTA) plant and paraxylene (PX) installation. Terephthalic acid production is estimated to reach 600,000 tpa, after production commences at the end of 2010. The paraxylene plant will have a capacity of 400,000 tpa. These plants target to attain full capacity in two years.
