MOSCOW (MRC) -- PKN Orlen's subsidiary Orlen Poludnie started production at it’s 30,000 tonne/year bio-monopropylene glycol (MPG) plant, the largest plant of its kind in Europe, according to a company statement dated 4 November, said the company.
To be located in Trzebinia, southern Poland, the unit will produce technical-grade bio-MPG based on plant-derived glycerine, according to the company, and will be included in the company’s glycols portfolio, according to Orlen.
MPG pricing has trended sharply upward through Q4, driven by tight stock and robust demand.
As per MRC, Orlen Unipetrol (part of PKN Orlen), a major Czech producer of petrochemical products, will expand the capacity of its steam cracker in Litvinov (Czech Republic) by installing a new furnace. The new cracking unit will be built by Technip Energies in Zaluzi, the largest chemical plant in the Czech Republic, and is due to be commissioned in 2022. Orlen is investing over 700 mln Polish zlotys (Zl) in the project.
According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 2,047,100 tonnes in the first ten months of 2021, up by 17% year on year. Shipments of all grades of ethylene polymers increased. At the same time, PP shipments to the Russian market were 1,226,530 tonnes in January-October 2021, up by 26% year on year. Supply of propylene homopolymers (homopolymer PP) and block-copolymers of propylene (PP block copolymers) increased, whereas supply of injection moulding stat-copolymers of propylene (PP random copolymers) decreased significantly.
MRC