ORLEN ORLEN Group 2017
Integrated Report

Implementation of Investment Projects

GRI INDICATORS:
Capitals:

The ORLEN Group has a stable financial position and its cash flows and available financing sources allowed it to implement its investment plans in 2017.

Their summary is presented below.

CAPEX [PLNm]

Input level by activity markets [%]

 

Major investments projects carried out in 2017 included:

Downstream
 
  • Construction of CCGT units with related infrastructure in Włocławek and Płock.
  • Construction of a new polyethylene unit (PE3) in Litvínov.
  • Construction of a metathesis unit in Płock.
Retail
 
  • 89 new service stations opened (39 in Poland, 11 in Germany, and 39 in the Czech Republic).
  • 55 service stations upgraded and rebranded (23 in Poland and 32 in the Czech Republic).
  • 102 new Stop Cafe and O!SHOP stores opened.
Upstream
 
  • Canada: PLN 609m
  • Poland: PLN 169m

 
The ORLEN Group manages the structure of its capital expenditure in response to market situation, and focuses on the most effective investment projects. Key projects planned for the following years are described below.

Major investments projects carried out in 2017 included:

Downstream
 
Main development investments in 2018:
  • Construction of a new polyethylene unit (PE3) in Litvínov.
  • Construction of a metathesis unit in Płock.
  • Construction of PPF Splitter unit in Lithuania.
  • Construction of a visbreaker unit in Płock.
  • Expansion of fertilizer production capacity at Anwil.
Retail
 
Main development investments in 2018:
  • Expansion of the service station chain (40 new CODO stations).
  • Development of the Stop Cafe 2.0 food service format (more than 200 new catering outlets).
  • Launch of new services and products.
Upstream
 
Main development investments in 2018:
  • Continued exploration and extraction work in Poland and Canada.
  • Capital expenditure: Canada – PLN 600m / Poland – PLN 200m.


CAPEX IN 2018



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