Alupol Films, an indirect subsidiary of Grupa Kęty, signed a contract with Basell Orlen Polyolefins Sprzedaż to buy raw materials for BOPP film production, valued at about PLN 147 million and running until the end of 2019.
Alupol Films, an indirect subsidiary of Grupa Kęty, signed a contract with Basell Orlen Polyolefins Sprzedaż to buy polypropylene raw materials for BOPP film through the end of 2019, estimated at about 147 million zloty.
Grupa Kęty subsidiaries Alupol Packaging Kęty and Alupol Films signed a PLN 90 million loan with mBank to finance their investment programme. A separate PLN 10 million working capital loan was signed for the group companies, running until February 2029 and 36 months respectively.
Grupa Kety's supervisory board approved a PLN 110 million investment for a second BOPP film production line at Alupol Films' plant in Oswiecim, Poland, to be built 2017-2019.