ORLEN to invest in production of new generation biofuel

PKN ORLEN and ORLEN Południe have signed an agreement providing for the construction of an advanced industrial unit that would produce second-generation bioethanol and describing the methods in which the project would be financed. Located at the Jedlicze refinery, the project would be the first of its kind in Poland and the second one in Europe. The unit would be capable of producing 25 thousand tonnes of bioethanol per year. The project is aligned with the ORLEN Group’s strategic objective to achieve carbon neutrality by 2050. It would also strengthen Poland’s position on the European market for new generation biofuels.

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Baltic Power has held talks with potential suppliers on building supply chain for offshore wind project

Almost 600 representatives of 369 companies and institutions attended a meeting for those interested in collaboration on the Baltic Power project. Building a strong supply chain is now among the crucial steps leading up to the launch of this project, which is of strategic importance to the entire power sector. In line with the project’s schedule, the work will start in 2024 and be completed in 2026.

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ORLEN steps up efforts to deploy small nuclear reactors

PKN ORLEN and Synthos Green Energy have signed an investment agreement to set up a joint venture, ORLEN Synthos Green Energy, whose key aim will be to prepare and commercialise small nuclear reactor technology, particularly GE Hitachi Nuclear Energy’s BWRX-300 reactors, in Poland. The project will offer an opportunity to accelerate decarbonisation of the ORLEN Group’s production assets while also helping to improve energy security and drive economic growth at home due to its reliance on local supply chains.

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European Commission grants PKN ORLEN more time to implement remedies

PKN ORLEN is finalising agreements with its partners in the implementation of remedies, who will guarantee further business development of the companies subject to the proceedings. In parallel, measures are being taken to prepare both companies for the merger process...

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Baltic Power to hold talks with suppliers about successive project stages

Baltic Power, the vehicle responsible for the construction of PKN ORLEN and Northland Power’s first offshore wind farm, is arranging another conference for potential contractors interested in participating as a supplier for the project. The participants will learn about detailed plans for each of the seven ‘installation packages’ making up the project implementation process.

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ORLEN Południe launches production of eco-friendly, green glycol

ORLEN Południe, an ORLEN Group company, has brought on stream Poland’s first and Europe’s largest green propylene glycol production unit at its biorefinery in Trzebinia. The unit has a capacity of 30,000 tonnes a year, enough to cover as much as 75% of the domestic demand for the product.

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Environmentally friendly project in Trzebinia

ORLEN Południe, a member of the ORLEN Group, has signed a contract for the construction in Trzebinia of a UCO FAME plant which will convert used cooking oils and animal fats into 30,000 tonnes of second generation esters and 7,000 tonnes of technical grade glycerine annually.

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PKN ORLEN’s investment in deep crude conversion in Mažeikiai will enhance the refinery’s profitability

PKN ORLEN is investing to expand its refinery in Mažeikiai. By the end of this year construction will start on a project to build deep crude conversion units enabling production of larger volumes of high-margin products. According to the agreement signed between PKN ORLEN and ORLEN Lietuva on the financing of the project, the Company is to invest EUR 641m. This will be the largest capex project carried out by the ORLEN Group in Lithuania in its operating history. The project will enhance the profitability of the refinery, contributing to strengthening energy security of the region. The project is slated for completion by the end of 2024, and it will add as much as ca. EUR 68m to annual EBITDA.

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PKN ORLEN to undertake project aimed at producing innovative biofuel component

At its Production Plant in Płock, PKN ORLEN will implement a modern technology for making hydrotreated vegetable oil (HVO). This environmentally friendly and innovative solution, consistent with the ORLEN2030 strategy, will solidify the ORLEN Group’s position on the biofuel market. It will also be ORLEN’s response to the EU’s ‘Fit for 55’ package, which includes a set of new challenges for the oil refining industry to reduce transport fuel emissions. The project, with an estimated value of approximately PLN 600m, is to be carried out in mid-2024.

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