Hyundai Engineering to execute Polymers Police project
PDH Polska, owned by top Polish chemical group Azoty and Grupa Azoty Police, has signed a EUR 993 million turn-key contract with Hyundai Engineering Co., Ltd for the execution of the Polymers Police investment project, the companies have announced.
The "Polymers Police" project is a strategic undertaking of Grupa Azoty Capital Group implemented by PDH Polska S.A., a special purpose vehicle.
"Polymers Police" is one of the largest chemical investments in this part of Europe. The aim of the project is to build a completely new petrochemical complex, the scope of which will include: Propane Dehydrogenation (PDH) Unit; Polypropylene (PP) Production Unit; Polypropylene (PP) Logistics Infrastructure; Handling and Storage Terminal (gas terminal) and Auxiliary Systems
The annual production capacity of the complex is to reach 437 thousand tonnes of polypropylene.
The project is to be completed in 2022.