Conclusion of an agreement for the replacement of cold circulation pipelines on the Olefin II installation
On May 15, 2020 Consortium Spec-Rem S.A. and Mostostal Płock S.A. concluded with Polski Koncern Naftowy ORLEN S.A. based in Płock, a contract for the performance of a modernization task in the EPC formula consisting in the replacement of ethylene and propylene cold circulation process pipelines and pipelines operating at negative temperatures at the Olefin 2 plant installation. The maximum value of the contract, in 80% billed on the basis of unit prices, amounts to PLN 137,700,000.00 net.