Możejki may be closed until 2020

By 2020, ten European refineries may be shut down. "Możejki plant is to be among them," Marek Podstawa, PKN Orlen deputy CEO informed the Sejm on Friday. "Slow economic recovery, a decline in fuel demand, higher prices of energy and natural resources and social-environmental responsibilities will be the cause of the next refinery closings in Europe. Until the end of this decade, at least 10 out of the currently operating 104 plants will be shut down. ... Możejki are mentioned among them," Podstawa said. Podstawa also said that "various scenarios have been considered, including suspension of production and closing the plant." The state-controlled PKN Orlen acquired over 53 percent of Możejki plant shares in 2006.