28-11-2019
PKN ORLEN plans new investment project at its PÅ‚ock refinery
PKN ORLEN has plans to build a new visbreaking unit on a turnkey basis to maximise yields of high-margin products across its PÅ‚ock refinery. The project will cost approximately PLN 1bn.
“We are a global brand seeking to optimise processes across all our refineries, both at home and abroad, with a view to strengthening our position on international markets. We are entering a next vital phase of our key project, which is the construction of a visbreaking unit in PÅ‚ock. The visbreaker will help us to further maximise crude conversion, increasing profits and improving their stability,” says Daniel Obajtek, President of the PKN ORLEN Management Board.
The project aims to achieve higher conversion and boost profit margins.
Visbreaking is a proven technology, which is already used by the ORLEN Group’s Czech and Lithuanian refineries. Visbreaking units require the lowest capital cost of any other available vacuum residue conversion technology.
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