Lotos orders installation worth €304 mln
15:58
A unit of listed fuel group Lotos signed a €304 mln contract with Kinetics Technology, a unit of Maire Tecnimont Group, for the provision of Delayed Coking Unit, Hydrogen Generation Unit and Coker Naphtha Hydrotreating Unit installations within its effective refining (EFRA) project, Lotos said in a market filing.
Total outlays on the EFRA project are planned at some PLN 2.15 billion, Lotos reminded.
The company secured a PLN 1.926 billion loan from a consortium of financial institutions on June 30.
