PDH Polska

Grupa LOTOS signed a letter of intent with Grupa Azoty companies regarding a potential investment of up to PLN 500 million in the Polimery Police project, a polypropylene complex in Police, Poland.

PDH Polska S.A. approved the final selection of Hyundai Engineering as the general contractor for the Polimery Police project in Police, Poland, with a lump sum contract price of 992.8 million EUR. The total project CAPEX is not expected to exceed 1.18 billion EUR.

PDH Polska S.A. approved Hyundai Engineering Co., Ltd. as the preferred bidder in the tender for the comprehensive turnkey implementation of the Polymery Police project, a polypropylene production plant in Police, Poland.

PDH Polska S.A. approved Hyundai Engineering Co., Ltd. as a pre-selected bidder for a lump-sum turn-key contract for the Polimery Police project, with remuneration not exceeding EUR 1 billion and total capital expenditure not exceeding EUR 1.18 billion.

PDH Polska S.A. and W.R. Grace & Co signed a license agreement for polypropylene production technology and catalyst supply for the Polimery Police project in Police, Poland. The total investment is estimated at EUR 1.27 billion.

Grupa Azoty selected Grace Technologies as technology supplier for a new polypropylene production complex in Police, Poland. The entire project is valued at €1.27 billion and construction is scheduled from end of 2019 to end of 2022.

Grupa Azoty Police expanded its PDH Polska project to include a polypropylene plant, with commercial startup planned for 2022 and a total budget of EUR 1.27 billion.

The Management Board of PDH Polska S.A. passed a resolution selecting the polypropylene variant as dominant for the PDH project in Police, Poland. The project includes construction of a petrochemical complex with a total capacity of 400,000 tonnes of polypropylene annually.

PDH Polska, a special-purpose company, will invite bids for a turnkey general contractor for a propylene production plant using PDH technology, with an estimated value of about PLN 2.7 billion.

Grupa Azoty Zakłady Chemiczne Police has agreed commercial terms for an exclusive propylene sales agreement between its subsidiary PDH Polska and Grupa Azoty Zakłady Azotowe Kędzierzyn. The deal covers 100% of the 427,000 tonnes per year propylene output from the planned PDH plant in Police, Poland, for at least seven years.