On 3 October 2013 Unipetrol RPA has signed a license agreement with INEOS, based on which it acquired the right to use a production process and technology for the new polyethylene unit (PE3). Purchase of the license is the first achieved milestone and represents the official start of the project’s execution.
The new polyethylene unit will assist in the process of increasing utilization of the steam cracker and it will contribute to a better interconnection between the petrochemical and refinery segments of the Unipetrol Group. The most modern technology will also improve production safety and reliability.
Within next years, as communicated in Unipetrol Strategy, the majority of investments will be undertaken in petrochemical area.
To secure reliable and stable energy sources for this segment, on 13 November 2013, Unipetrol RPA signed a contract with Severní energetická on long-term supplies of lignite until December 2017. The contract consist of fixed and optional volume, which can be used according to Unipetrol's actual needs. Annual lignite supplies will reach up to approximately 1 million tons.
Unipetrol