Orlen unveils plans - and warns chemical investors
Companies representing the industrial chemical sector and Orlen have been living in symbiosis for years. The Płock-based company is the largest client and supplier of these companies. Management of PKN intends to participate in the privatization of nitrogen plants in Tarnów and Kędzierzyn. "Orlen is not a company which gets involved in any undertaking without a future vision. The worst state of affairs is the current one - suspension. Time is running out, which will require additional costs from us for analysis and research," said deputy president of PKN Orlen, Janusz Wiśniewski. The company intends to merge plants in Kędzierzyn and Tarnów with Włocławek-based Anwil and later achieve synergy with its subsidiaries of Czech Unipetrol. In related news Orlen is considering the construction of a new pipeline, which would merge logistics systems of the firm with the one of Unipetrol. The investments would take 3-4 years, but the costs are unknown. (Puls Biznesu, pp. 1, 4-5) M.M.