Nov. 29, 2019News & Opinions
Poland’s PKN Orlen has signed a contract for technical consultancy and project management contractor (PMC+) services on its planned olefin expansion at Plock with US-based engineering and construction group Fluor.
Oct. 12, 2018News & Opinions
Poland’s PKN Orlen has taken 100% ownership of Czech refiner and petrochemicals producer Unipetrol with effect from Oct. 1 following the completion of a squeeze-out of remaining shareholders.
Jun. 15, 2018News & Opinions
Poland’s PKN Orlen has announced a petrochemical investment program amounting to approximately 8.3 billion zloty ($2.3 billion), described as its largest on record. The company said the investment would enable deeper integration of ...
Jul. 25, 2016News & Opinions
Polish petrochemicals group PKN Orlen is to build a metathesis unit at its site in Plock. The unit will add capacity of 100,000 t/y polymer-grade propylene taking total output to 550,000 t/y. The project, costing around 400 million zloty ...
Apr. 16, 2014News & Opinions
Polish oil firm PKN Orlen is in talks to buy Italian oil and petrochemical producer Eni's 32.4% stake in the Czech Republic's sole refinery, the Czech industry minister said, a step that could lead to more investment and help secure its ...
Aug. 28, 2013News & Opinions
Poland's PKN Orlen, which claims to be the largest oil and petrochemicals producer in the former East Bloc, has announced plans to widen its production capacity for phenol and acetone.
Mar. 29, 2012News & Opinions
A deteriorating outlook pushed Czech downstream oil group Unipetrol to take new impairment charges for the fourth quarter, doubling its net loss to 6.25 billion crowns ($337 million) and hitting its shares.
Jul. 07, 2011News & Opinions
Czech petrochemicals group Unipetrol will release its second quarter earnings on August 5 rather than on August 30 as originally planned, it said on Thursday in a statement on its website.
Jun. 09, 2011News & Opinions
Workers at Ceska Rafinerska will not take strike action to demand higher wages, averting a potential shutdown of the largest Czech refinery, a union official said on Wednesday.
Apr. 29, 2011News & Opinions
Czech downstream oil group Unipetrol reported a 50% rise in first quarter net profit on Friday, in line with market expectations.
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