POLAND

PKN Orlen Details Major Projects in Five-Year Strategy
PKN Orlen (Płock, Poland) has unveiled a five-year growth strategy that includes expanding the company’s petrochemical manufacturing facilities in Poland and the Czech Republic, and constructing a propylene splitter at Orlen’s Mažeikių Nafta...

Brenntag Opens Feed Additives Facility in Poland
Brenntag has opened a 25,000-m.t./year production facility for feed additives at Kedzierzyn-Kozle, Poland. The basic product range covers formulations based on organic acids and...

Brenntag Opens Feed Additives Facility in Poland
Brenntag today opened a production facility for feed additives at Kedzierzyn-Kozle, Poland. The facility has a capacity of 25,000 m.t./year. The basic product range covers formulations based on organic acids and salts/acidifiers, as well as mould and...

Lurgi Builds Hydrogen Plant in Poland
Lurgi says it has signed an €80-million ($112.8 million) contract with Grupa Lotus (Gdańsk, Poland) to build a hydrogen plant at Gdańsk. The unit will have capacity...

Air Products Ups Polish Capacity
Air Products says it will build a 400-m.t./day liquid oxygen and nitrogen unit at its Kedzierzyn, Poland site. The move will bring the site’s total capacity...

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HUNGARY

MOL Continues to Resist Approaches from OMV
MOL (Budapest) says its board has rejected certain proposals made by OMV (Vienna) for MOL’s annual meeting, which is due to take place on April 23. OMV is MOL’s biggest shareholder with a stake of 20.2% and last year launched a takeover bid for...

BorsodChem Speeds MDI Expansion Plans
BorsodChem (Kazincbarcika, Hungary) says it has made “significant advances” in developing methylene di-para-phenylene isocyanate (MDI) manufacturing technologies under an inhouse R&D program, and that the company is ready to start...

OMV Makes Hostile Offer to Acquire MOL
OMV (Vienna) has made a hostile takeover proposal to acquire energy and petrochemicals company MOL (Budapest). OMV made a preliminary offer earlier this year for MOL, which MOL rejected (CW, July 25, p. 7). OMV sent a “declaration of intent” to...

MOL Rejects Takeover Bid from OMV
Energy and petrochemicals company MOL (Budapest) has rejected a “preliminary and conditional” takeover offer from OMV...

EU Upholds Hungary’s GM Crop Ban
European environment ministers have voted to uphold Hungary’s right to ban a genetically modified (GM) corn developed by...

CZECH REPUBLIC

Unipetrol Builds Two Plants at Czech Site
Unipetrol (Prague) says it plans to build two plants at its Litvínov, Czech Republic petrochemical complex that will improve utilization rates at the site’s ethylene plant. Unipetrol plans to build a 20,000...

Dwory Changes its Name to Synthos
Dwory (Oswiecim, Poland) says it has changed its name to Synthos following...

BDP Forms Czech JV
Logistics firm BDP International (Philadelphia) says it has taken an unspecified stake in logistics firm Wakestone S.R.O. (Prague, Czech Republic), which serves the automotive, retail, and...

Unipetrol Merges Companies; Revamps Plants, Eyes Acquisitions
Unipetrol (Prague) says it has completed the previously announced merger of its Unipetrol Rafinérie refining and Chemopetrol petrochemical subsidiaries to form a limited liability company, Unipetrol RPA (Litvinov, Czech Republic) (CW, Jan. 17, p. 5)...

Brussels Cuts Polish and Czech CO2 Emission Limits
The European Commission has substantially cut national carbon dioxide (CO2) emission limits proposed by Poland and the Czech Republic for the next phase of the European Union’s (EU) emissions trading scheme (ETS), from 2008 until 2012. The...

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RUSSIA

Gazprombank Agrees to Sell Controlling Stake in Sibur to MBO Team
Gazprombank, an affiliate of Gazprom (Moscow), has agreed to sell a controlling stake in Sibur to a management buyout (MBO) team for $5.4 billion, according to a statement released by Gazprombank last week. The MBO team, led by Sibur president Dmitry Konov...

Kemira Quits Russian Paints JV
Tikkurila, the paints and coatings subsidiary of Kemira, says it has agreed to sell its 50% stake in...

Mitsui & Co. Proposes Ammonia, Methanol Plants in Russia
Mitsui & Co. is proposing to build an export-oriented ammonia and methanol production complex at Sakhalin Island, Russia that would target Asia/Pacific and the U.S. markets. Mitsui is a member of a consortium developing the Sakhalin II energy project...

Gazprombank Agrees to Sell Controlling Stake in Sibur to MBO Team
Gazprombank, an affiliate of Gazprom (Moscow) has agreed to sell a controlling stake in Sibur to a management buyout (MBO) team for $5.4 billion, according to Russian press reports quoting a statement by Gazprombank. The MBO team, led by Sibur president...

Management Buyout Planned for Sibur
A group of five senior executives at Sibur Holding (Moscow) has announced its interest in acquiring the 70% stake held in Sibur by Gazprombank (Moscow). The group, led by Sibur president Dmitry Konov, made the announcement at a board meeting last week. The...

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