Anwil General Meeting consent to extend fertilizers production capacities

PKN ORLEN S.A. (“Company”) hereby informs that on 14 December 2018 the General Meeting of Anwil S.A. gave consent to investment task regarding extension of fertilizers production capacities in Anwil S.A. The project assumes increase of fertilizers production capacities by 495 th.t yearly, ie. to the level of 1 461 th.t yearly. Estimated total cost of the investment amounts to ca. PLN 1,3 bn. The finalization of the investment is planned for the end of 2021. After realization of the programme, ie. from the beginning of 2022, it is estimated that the operating profit EBITDA of Anwil S.A. may increase by ca. EUR 57 m yearly.  

PKN ORLEN owns 100% of the registered capital of Anwil S.A.