No. 17/2022 | 17-05-2022 | 12:58
Agreement for building of the new Air Separation Unit III in the Production Plant in Plock
PKN ORLEN (“Company”) informs that on 17 May 2022 it signed with Linde GmbH, Linde Engineering an agreement for building of the new Air Separation Unit III in the Production Plant in Plock (“Investment”) in EPC formula for ISBL. The annual production capacity of the unit will amount to 38 500 Nm3/h of oxygen and 75 000 Nm3/h of nitrogen. Realization of the Investment is necessary due to the need to secure oxygen gas and nitrogen gas to new, building Olefins III complex and other units in the Production Plant in Plock. Additionally realization of the Investment will allow to extent the scope of the offered products with high-margin liquid gases and also there will be achieved savings due to improved operation and processing efficiency.
Total cost of the Investment is estimated at the level of ca. PLN 760 m. The completion of the Investment is planned for the beginning of 2025.
See also: regulatory announcement no 16/2022 as of 17 May 2022.