Petrochemicals
24th October 2016
Notice on Occurrence of Force Majeure on PTA Plant

We regret to inform you that due to technical defect relating to one of the heat exchanger on PTA Plant which took place on 24.10.2016 we are forced to shut down the PTA Plant on 24.10.2016. Accordingly, we declare the Force Majeure Event with immediate effect. This event represents, among others, an extraordinary, unforeseen and insurmountable obstacle occurring independently of PKN ORLEN S.A. will and beyond its control and substantially restricts the performance of its obligation by PKN ORLEN S.A. arising from contractual arrangements with its business partners, i.e. the Force Majeure Event.

The occurrence of the above specified Force Majeure Event disables PKN ORLEN S.A. to duly fulfill its obligations arising from contractual relationships with its business partners.

Due to the existence of the Force Majeure Event, PKN ORLEN S.A. is forced to reduce its deliveries of PTA for 16 days until the PTA Plant will be started up. The startup is preliminary planned on 08.11.2016.

Please be assured, that we continue to use all reasonable efforts to mitigate the effects of this outage. We will immediately inform you of any changes in amounts of reduced deliveries of PTA, as well as, of removal of the respective technical issues on the PTA unit and termination of the Force Majeure Event.

Thank you for your understanding and your cooperation in such unpleasant situation for all engaged parties.

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