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Jun 1, 2020INVESTMENTPolice, Poland

Hyundai Engineering signs $1.3B joint investment for Poland PDH/PP plant

Hyundai Engineering, KIND, Grupa Azoty and LOTOS signed a joint investment agreement for the Polimery Police PDH/PP plant in Police, Poland, with total investment of $733.3 million. Hyundai Engineering and KIND will invest $130 million. The plant will produce 400,000 tons of polypropylene per year.

Value

$733.3M

Status

Announced

Capacity

400,000 tons of polypropylene per year

Productspolypropylene

CompaniesHyundai Engineering investor Grupa Azoty partner Lotos partner Korea Overseas Infrastructure & Urban Development Support Corporation (KIND) investor

Sectors#Plastics and Polymers #Specialty Chemicals

“현대엔지니어링이 지난 29일 한국해외인프라도시개발지원공사(KIND), 폴란드 최대 석유화학그룹인 Grupa Azoty 및 폴란드의 대형 정유회사인 LOTOS사와 '폴란드 폴리머리 폴리체 PDH/PP 플랜트' 프로젝트에 대한 공동투자 본 계약을 체결했다”getnews.co.kr

1 source
getnews.co.kr현대엔지니어링-KIND, 1조3000억원 규모 '폴란드 폴리머리 폴리체 PDH/PP 플랜트' 본계약 체결Jun 1, 2020

Summarized from public sources; check the original articles before acting on it.

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