Loading…
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.
Grupa Azoty Polyolefins signed commitment letters with 11 financial institutions for a $1.075 billion senior loan to finance the Polimery Police project, a polyolefins plant in Police, Poland. Total project budget is $1.795 billion.
Severstal signed a contract to supply steel plate to the Lotus shipyard for the construction of a cruise ship project PV300VD.