Synthos, Grupa Azoty & Ciech secure SEZ status for investments
May 28, 2014
Chemical firms Synthos, Grupa Azoty and Ciech secured the extension of the Cracow special economic zone (SSE) in southern Poland so as to encompass over PLN 1.2 billion of new investments planned by the firms, a statement following the Tuesday government sitting showed.
Synthos plans to build a PLN 319.8 million plant for dissolving rubbers (planned completion near end-2017), a PLN 336.2 million silicon dioxide installation (end-2017), a PLN 212 million crop protection chemicals production plant (end-2018) as well as a nearly PLN 100 million expandable polystyrene production plant (end-2015), the statement showed.
Grupa Azoty got the zone extension for its planned PLN 203 million poliamid-6 plant, planned for completion by end-2016, CIR informed.
Ciech unit Organika-Sarzyna, in turn, secured the inclusion in the zone for its planned extension of an existing production plant which will allow the firm to produce crop protection chemicals as well as epoxide resin, an investment planned for completion at end-2017, the statement showed.