PKN ORLEN has plans to build a new visbreaking unit on a turnkey basis to maximise yields of high-margin products across its Płock 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 Płock. 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.
About PKN ORLEN
PKN ORLEN is a Polish company and one of Central Europe’s largest refiners of crude oil. We specialize in processing crude oil into world-class unleaded petrol, diesel, heating oil, and aviation fuel as well as plastics and other petroleum related products.
We hold licences for onshore and offshore oil and gas exploration throughout the country. One of our shared priorities is to appraise and exploit natural gas from unconventional plays. Our adopted development direction is to transform PKN ORLEN into a multiutility complex with a foothold in the power generation business.