Hyundai and Azoty in 5 billion pln packaging project

Polimery Police is a gigantic investment worth over PLN 5 billion. As a result, the plants in Police are to produce about 429,000 tons of polypropylene. It is widely used in the production of packaging for food products, laboratory and medical equipment, cable and wire insulation, automotive parts and toys.

The scope of the Polimery Police investment includes: propane dehydrogenation (PDH) installation, polypropylene production installation, logistics facilities and infrastructure, as well as a transshipment and storage terminal (sea gas terminal). The commencement of commercial operation is planned for the first quarter of 2023.

The coronavirus pandemic unfortunately affected the course of the investment. It has delayed some orders, but the effect is to be measurable.

‘Our target market is a circle with a radius of about 1,000 kilometers. We have a certain logistics advantage here compared to other polypropylene installations. This is the key market where we estimate the demand at 4.3 million tonnes. We will add 10 percent to our production.’ – said CEO of Grupa Azoty Polyolefins Andrzej Niewiński.

He adds that the company is particularly interested in the Central European market – both due to the proximity and minor cultural differences, as well as the large share of the automotive industry, plastics processing, and the packaging industry, which are the main recipients of polypropylene.

Source

Our privacy policy
%d bloggers like this: