Orlen's plans for the caprolactum take shape

The agreement will relate to joint capital investments into production of caprolactam, a substance which is used to make artificial fiber, as well as acquiring sources of cheaper gas for both companies. "Orlen has confirmed its initial interest, and soon it will begin due diligence on us. We expect the final decision to be made by the end of March," said Puławy President Zygmunt Kwiatkowski. Furthermore PKN Orlen is interested in the ZA Tarnów nitrogen plant which also produces the chemical. In the long run, the company wants to consolidate domestic producers of caprolactam with Spolana, controlled by Czech-based Unipetrol, which Orlen is also trying to purchase. Puławy is currently in talks with Russia's Gazprom and Ukrainian NAK concerning acquiring an investor which holds large gas deposits and would be able to sell them to the domestic fertilizer sector. (Puls Biznesu, p. 7) A.K.