PKN Orlen and Synthos Green Energy want to import energy from Ukraine

PKN Orlen and Synthos Green Energy will jointly invest in a project that will enable the import of electricity from Ukraine and contribute to the stabilisation and diversification of supply sources, PKN Orlen reported.

The project is to be handled by Orlen Synthos Green Energy, a company established by both companies, according to the two Polish companies

 Import energy (electricity) from Ukraine to Poland

“Electricity that could be sent to Poland would come from the Khmelnytsky power plant in Ukraine. Its import based on the modernised infrastructure would contribute to satisfying the needs of Polish industry and reduce Poland’s dependence on hydrocarbon-based energy sources. Orlen Synthos Green Energy will carry out the process of technical arrangements necessary for the implementation of this project – stated in the announcement.”

As recalled in the information, the company, the establishment of which was approved by the Office of Competition and Consumer Protection in March this year, will be responsible for the preparation and commercialization of MMR and SMR technologies in Poland, i.e. micro and small nuclear reactors.

It can be a bit of risky business if Russia takes over that area but one has to suspect that the two Polish companies already have had that in mind.

The PKN Orlen Group manages six refineries in Poland, the Czech Republic and Lithuania, and is also active in Poland and Canada. Its consolidated sales revenues reached PLN 131.5 billion in 2021. The company has been listed on the WSE since 1999.

Firm working with chemical raw materials in Poland

The Synthos capital group is a leading producer of chemical raw materials in Poland and Europe. It was listed on the WSE from 2004 to April 2018. Synthos has 7 production plants – located in Poland, the Czech Republic, France and the Netherlands – and employs over 3,000 employees.

Source: 300gospodarka


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