Agreements for building of the complex of units for production of II generation bioethanol in the ORLEN Poludnie production plant

PKN ORLEN S.A. (“PKN ORLEN”, “Company”) informs that ORLEN Poludnie S.A. (“ORLEN Poludnie”) signed the agreements for building of the complex of units for production of II generation bioethanol (B2G) in EPC formula (Engineering, Procurement and Construction)  in the ORLEN Poludnie production plant in Jedlicze (“B2G Complex”).

Within the B2G Complex main unit for bioethanol production, heat and power plant and ancillary infrastructure will be built.

The general contractor of the mail B2G unit, with yearly capacity of 25 th tonnes, will be ZARMEN Sp. z o.o. headquartered in Warsaw. CAPEX for B2G unit will amount to ca. PLN 550 m.

The contractor of biomass heat and power plant will be Valmet Technologies Oy headquartered in Espoo, Finland. CAPEX for heat and power plant will amount to ca. PLN 170 m.

In the next stage, for the purpose of the B2G Complex, the biogas plant will also be built.

Total CAPEX for building of the B2G Complex is estimated at ca. PLN 1,12 bn. The completion of the building is planned by the end of 2024.

See also: regulatory announcements: no 50/2021 as of 15 December 2021 and no 49/2021 as of 15 December 2021.