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EIB provides PKN Orlen with loan of over EUR 300 M.
08 Jan, 2008 - Poland  
The European Investment Bank is providing PKN Orlen SA with a loan of EUR 300 M to erect a new plant for the production of aromatic hydrocarbons. The plant will produce intermediates for polyester fibres for the textile industry.

The plant will also be used to make PET resins for the packaging industry. The loan will partly finance the construction of a 400,000 tonnes/y p-xylene plant in Plock and a 600,000 tonnes/y terephthalic acid plant at Wloclawek. The new plants will create around 200 new jobs.

Source: Chemical Newsbase




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