The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing (20 - 21) Manufacture of chemicals and pharmaceuticals 20 - Manufacture of chemicals and chemical products 20 - Manufacture of chemicals and chemical products
500 jobs Number of planned job creations
Announcement Date
1 September 2004
Employment effect (start)
Foreseen end date
Description
Basel Orlen Polyolefins (BOP) - a joint venture company between Basell Europe Holdings and PKN ORLEN - is in the process of building one of the world's largest twin polyethylene and polypropylene manufacturing plants in Płock. Its start-up is planned for the third quarter of 2005. The total cost of the investment amounts to €500 million. For the joint venture, PKN ORLEN provides feedstock, site services and manufacturing and production support.
Sources
22 June 2005: Puls Biznesu
1 September 2004: PAIiIZ
Citation
Eurofound (2004), Basel Orlen Polyolefins, Business expansion in Poland, factsheet number 62066, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/62066.