Orlen Acquires S54 Butadiene Unit from Synthos for PLN692 Million
Orlen has agreed to acquire full ownership of S54, the company developing a new butadiene extraction unit, from Synthos for approximately PLN692 million. This strategic transaction includes a package of agreements to integrate the new butadiene facility into Orlen’s Production Plant, aiming to strengthen Orlen's petrochemical capabilities and secure key raw material production.
Orlen has announced a significant strategic acquisition, taking full ownership of S54, the company currently developing a new butadiene extraction unit. This transaction involves purchasing S54 entirely from Synthos for a substantial sum of approximately PLN692 million (around €160 million). The acquisition is accompanied by a comprehensive package of agreements, specifically designed to ensure the seamless integration of the new butadiene facility into Orlen’s existing production plant. Butadiene is a vital chemical compound, serving as a key raw material in the manufacturing of synthetic rubbers, various plastics, and advanced polymers, which are essential for a wide range of industries, from automotive tires and components to construction materials and consumer goods. By securing full control over the S54 unit, Orlen aims to significantly enhance its vertical integration within the petrochemical sector, optimize its production processes, and ensure a stable, reliable supply of crucial inputs for its downstream operations. This move underscores Orlen’s unwavering commitment to expanding and modernizing its industrial assets, reinforcing its market leadership, and capitalizing on the growing demand for advanced petrochemical products. The successful integration of this new unit is expected to substantially boost Orlen's operational efficiency, reduce reliance on external suppliers, and further strengthen its overall competitive position in the dynamic European chemical and energy market, contributing to long-term growth and profitability.