Nafta Polska to launch melamine production operations
Nafta Polska (NP) intends to establish a melamine production company.
According to unofficial information, the capital of the new firm is to stand
at zl. 1 billion and NP President Maciej Gierej has given assurances that
sector and financial investors have already declared their willingness to
participate in the enterprise. Another of NP's plans is to establish a
company producing caprolactam (used in nylon production) to combine product
complexes owned by nitrogen producers ZA Pulawy and ZA Tarnow which
represents a real challenge both for NP and the management of the two
companies. According to Gierej, Plock-based fuel concern PKN Orlen would
like to invest in the integration of the chemicals sector, especially in OXO
alcohols, owned by ZA Kedzierzyn, and caprolactam. "Currently we are
re-establishing trade relations. PKN Orlen cannot sell propylene to ZA
Kedzierzyn below cost. If a consensus is reached on this issue the two sides
will launch formal talks on Orlen's participation in the project. Orlen
would not like to limit itself only to trade as far as relations with the
chemical companies are concerned," said Gierej. (Puls Biznesu, p. 7) A.Z.