Unipetrol breaks ground new polyethylene unit in Czech Republic

Unipetrol breaks ground for new polyethylene unit in Czech Republic

6:54 AM, 9th June 2016
Unipetrol breaks ground for new polyethylene unit in Czech Republic
Marek Switajewski, CEO of Unipetrol. (File photo)

PRAGUE, CZECH REPUBLIC: Unipetrol AS held an official ground breaking ceremony for a new polyethylene unit (PE3) in Czech. The ceremony was attended by Bohuslav Sobotka, prime minister of Czech, Jan Mladek, minister of industry and trade, Wojciech Jasinski, CEO of PKN Orlen and Marek Switajewski, CEO of Unipetrol joined with other distinguished guests.

It is the largest investment in the history of the Czech petrochemical industry in the amount of 8.5 billion crowns. Once put into operation, the unit will be among the most advanced production facilities of its kind in Europe. Inauguration of the new polyethylene unit is planned in mid-2018.

Construction works on the new polyethylene unit should be completed in mid-2018. Up to 800 workers will be on site during certain phases of the construction.

The new polyethylene unit will be built on the basis of the technology license by Ineos which Unipetrol acquired at the end of 2013. The main contractor is Technip Company.

In the future the new polyethylene unit will help to increase the use of the steam cracker and will contribute to greater coherence of petrochemical and refining production of Unipetrol Group. It will also enable to react to the growing global demand for high-density polyethylene. The new technology will able the company to reach other industrial segments, such as cosmetics and packing industry. The new polyethylene unit PE3 will have a production capacity of up to 270kt.

“This investment is an important project in terms of the development of the Czech chemical industry and with its long tradition in the country creates a large part of the local industrial production. The new polyethylene unit will push Unipetrol into the group of European leaders in terms of plastic production quality and enable the company to reach more industrial sectors,” said Marek Switajewski, CEO of Unipetrol.

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