Mazeikiu Nafta prepares for general repair

Aiming to ensure the continuous and secure performance of the AB Mazeikiu Nafta refinery, the Lithuanian company will soon commence the general renovation of its production facilities. The investment is scheduled to begin on 22nd September 2007 and finish within approximately six weeks. The total repair and modernization cost is estimated at USD 80m.

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Polimex to construct a new plant for PKN ORLEN

PKN ORLEN has entered into a contract with Polimex-Mostostal for general civil engineering and construction work of the PTA plant (terephthalic acid plant).

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Mazeikiu Nafta to Produce Cleaner Gasoline

AB Mazeikiu Nafta has built a FCC Gasoline Hydrotreatment Unit which will enable the Company to reduce the sulphur content in its gasoline five-fold. The new 135 million Lita unit will allow gasoline to be desulphurized up to the level which will be required and applicable by the EU from 2009.

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More diesel and petrol from AB Mazeikiu Nafta

AB Mazeikiu Nafta has resumed operations of its visbreaking unit. The installation start-up completed the second stage of the post-fire recovery, and increased the white products yield from the same crude volume.

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Mazeikiu Nafta re-started the refurbished Vacuum Distillation Tower

Mazeikiu Nafta has re-started the refurbished Vacuum Distillation Tower February 20, Mažeikiai. AB Mažeikiu Nafta has re-started the refurbished vacuum distillation tower, which will significantly increase production efficiency. The commissioning and start-up activities on the tower commenced on February 14, and operating efficiency has significantly improved.

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Cease of crude supplies

PKN ORLEN informs that crude supplies via the Friendship pipeline ceased on evening of 7th January 2007.

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Mazeikiu Nafta - The biggest transaction in the history

Today PKN ORLEN finalized the acquisition of a strategic stake in the Lithuanian company AB Mažeikių Nafta (MN). The Polish corporation acquired a total of 84.36% shares from Yukos International UK B.V. (Yukos) and the Lithuanian Government, paying $ 2.34 billion. PKN ORLEN has taken corporate control over the Lithuanian refinery by changing the composition of its Supervisory and Management Boards.

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Benzina Plus - new premium retail brand

In line with its new business strategy Benzina, the Czech Republic’s largest fuel retail network, introduces a premium brand Benzina Plus. The company plans to upgrade and re-brand over 102 out of its more than 300 filling stations across the country. The project is aimed at attracting the most demanding motorists with a broad range of premium services and to increase Benzina´s market share. The first Benzina Plus was officially opened today on the D1 motorway near Prague.

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Reg. Mazeikiu Nafta

Today at approximately 2:30 p.m. Lithuanian time a fire broke out in the Mażeikiu Nafta refinery, damaging a vacuum pipe tower distillation column. The are no casualties. The impact of the fire is yet undetermined. Although PKN ORLEN is not yet the formal owner of Mażeikiu Nafta, we will offer our assistance in coping the effects of the fire to the refinery, the local authorities and the community.

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