Orlen increasing chemical production

Alan Heath
17-04-2002, 00:00

At a meeting of the Polish Chemical Industry Chamber of Commerce (PIPC), PKN Orlen announced that it was prepared to increase petrochemical production.

This statement came totally out of the blue especially as the concern had always said the contrary. No doubt representatives of the hard pressed chemical industry were singing and dancing for joy all the way home.

The production of certain chemicals will now be increased. This is good news for the chemical industry which has had problems with supply of certain raw materials and therefore unable to increase production of their products.

Janusz Wisniewski, deputy MD of PKN Orlen, said that his company is now prepared to aid the chemical industry. In return representatives of the chemical industry have suggested that they may be prepared to enter into a capital alliance with Orlen.

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Podpis: Alan Heath

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Puls Inwestora / Orlen increasing chemical production