SABIC, Saudi Aramco and PKN Orlen have signed a joint development agreement to assess the technical and economic feasibility of a petrochemical project in the Polish city of Gdansk. The project would include a steam cracker and downstream plants.
Saudi Aramco has set its sights on becoming a global player in a number of petrochemical and energy fields. As one of its biggest projects, the world-leading oil producer recently announced plans to invest in the Polish chemicals sector. Together with its 70% subsidiary SABIC, it signed a Memorandum of Understanding (MoU) with Plock-based PKN Orlen to explore possibilities for cooperation.
SABIC has signed a Memorandum of Understanding (MoU) with parent group Saudi Aramco and Poland’s PKN Orlen to explore potential project opportunities in central and eastern Europe.
US technology and engineering group KBR has been awarded a contract by Polish oil and petrochemicals producer PKN Orlen to evaluate the feasibility of plastics recycling projects in Central Europe using KBR’s Hydro-PRT technology. The companies have also signed a Letter of Intent to collaborate on developing future projects.
Czech company Orlen Unipetrol, part of Poland’s refining and petrochemicals group PKN Orlen, has unveiled its strategic focus until 2030 as it transforms from a petroleum-oriented to a multi-energy organization.
The supervisory board of Poland’s PKN Orlen has given the green light for a major expansion of its olefins complex at Plock, estimated to cost 13.5 billion Polish zloty.
Czech group Orlen Unipetrol plans to build a new plant for producing dicyclopentadiene (DCPD) using its own recently developed technology.
In response to global trends, Poland’s PKN Orlen has announced it will spend about 140 billion zloty – or $38 billion – over the next 10 years to center the business around petrochemicals and renewable energy.
