PKN Orlen wants to produce more propene

PKN Orlen, largest Polish petrochemical company, signed a deal for a license and a project of the "Metatezy" Installation. It is the first stage of the planned investment, that is going to increase the propene production in Płock to the level of 550,000 tons annualy. The launch of the production is planned in 2017. ""Metatezy" Installation is currently one of the key development projects in the field of petrochemistry" says Jacek Krawiec, PKN Orlen CEO. "Metatezy" Installation are planned to be built on the are of the productional area in Płock and its yearly production is assumed to be 100,000 tons of propene in the polimer quality. Current schedule of the investement plans to finish the development in 2016. PKN Orlen plans to spend PLN 1.6 bilion on main investments in the next four years.