Ciech approaches PKN Orlen over eco-components tie up

Warsaw based chemical producer Ciech and one of its subsidiaries, Petrochemi a Blachownia from Kedzierzyn Kozle, want to convince PKN Orlen to start co-o peration in producing eco-components for fuels and petrochemicals. "We are t rying to get a guarantee from the oil company to supply ethylene to Petroche mia Blachownia, which would be then used to produce many chemical products m ade in our plant," said Wieslaw Kiepiel, the deputy president of Ciech. PKN Orlen is the only domestic producer of ethylene and Petrochemia Blachownia w ill need about 35,000 tons of the gas per year. The two companies are to mee t this week and the outcome will have a large impact on the corporate strate gy currently being prepared by Petrochemia Blachownia. "We plan to invest zl . 100 million over five years. We will make out final plans after we hear fr om Ciech on the issue," said finance director of Petrochemia Blachownia Jerz y Wiertelorz. On Friday there was no one from PKN Orlen who was able to comm ent on the proposal. (Puls Biznesu, pp. 1, 4) M.M.