Spectator on facebook

Spectator on facebook

BUSINESS BRIEFS

Slovnaft to build polypropylene unit

SLOVAKIA's biggest crude oil refinery, Slovnaft, has laid the foundation stone for an Sk5 billion (€121.4 million) polypropylene production unit. This is the most significant technological project in the ongoing modernization of the petrochemical portion of Slovnaft's refinery.

The annual capacity of the new line will be 255,000 tons of propylene for application in foils, fibres, injection-moulded products for the automotive industry, and consumer products, news wire SITA reported.

German company Linde KCA Dresden GmbH is the main contractor supplying the technological facilities. An integral part of the contract is a license for UNIPOL PP Process technology from the US Dow Chemicals Company from Danbury, Connecticut. The technology will enable the production of a wide spectrum of homopolymers and ethylene-propylene copolymers.

The project will strengthen the regional polymer alliance between Slovnaft and Hungarian chemical company TVK within the central European group MOL.

Hungarian oil and gas company MOL controls 70 percent of Slovnaft, and the European Bank for Reconstruction and Development holds 8.3 percent.

Top stories

Product quality laid on the EU table

Concerns over the different quality of same brand products are confirmed, but will anything change soon?

Will shopping in supermarkets soon become a thing of the past?

Foreigners: Events in Bratislava Video

Tips for performances and other events in the capital between July 28 and August 6, including concerts, parties, festivals, classical music, inline skating, exhibitions and more.

Folk Painting Vajnory, Stamp

Education minister fails to explain distribution of EU money

The opposition parties plan to initiate a no-confidence vote, the second against this minister.

Education Minister Peter Plavčan

Foreigners: Events around Slovakia Photo

Tips for performances and other events in the Slovak regions between July 28 and August 6, including an organ festival, a parkour meeting, a music festival, a folklore festival, a historical train ride, and a lot of…

Kenny Garret coems to OpenJazz Fest