(Plastemart) -- PKN Orlen has launched Europe's most advanced petrochemical complex for paraxylene and terephthalic acid production (PX/PTA). The new complex, which is Poland's first and the most efficient complex of its kind in Europe, comprises facilities located at PKN Orlen's plant in Plock (paraxylene production) and in Wloclawek (terephthalic acid production). The project was completed in a record short time of three years and cost more than EUR 1 bln.
As the only company from our part of Europe, Orlen has joined the prestigious group of producers delivering high quality PTA - the key feedstock in the production of PET (polyethylene terephthalate), used to make packaging and polyester fibers. Demand for PTA is growing at the most robust rates in Central and Eastern Europe and - since a majority of PTA consumers are located in close proximity to PKN Orlen's plant - this means a convenient access to an extremely prospective market. Large amounts of PTA are also consumed by the Chinese, Indian and Western European markets.