ZA Pulawy plans zl.370 million melamine investment
Leading chemical works Zaklady Azotowe Pulawy (ZA Pulawy) intends to invest
some zl.370 million over the next two years to increase its output of melami
ne. Under an agreement signed with Italian company Eurotecnica Contractors a
nd Engineers, ZA Pulawy will be provided with a new production line, which w
ill begin operation in October 2003. In addition, ZA Pulawy plans the overha
ul of the older of its two existing lines. As a result, the company will str
engthen its position as the world's third biggest maker of melamine, used in
the production of synthetic resin. "Production of melamine is more profitabl
e than that of fertilizer. We expect the global demand for melamine to incre
ase at the rate of 4.5% annually until 2010," said ZA Pulawy spokesman Marek
Sieprawski. (Rzeczpospolita, p. B4) M.K.