Poland Petrochemicals Report Q4 2017
The Polish petrochemicals industry has witnessed a sharp fall in output in recent months, but plans are on track for significant expansion, particularly in propane dehydrogenation (PDH) facilities. Several proposals for new plants have been floated, although some are still waiting for final investment decisions. These include around 500,000tpa of propylene capacity by 2021 as well as a 1mn tonnes per annum (tpa) petrochemicals complex planned by Polish refiners Grupa Lotos and Grupa Azoty.
An unplanned shutdown of steam cracker operations led to a decline in petrochemicals output in H117. Polyethylene output slumped 13.5% y-o-y to 166,200 tonnes, and PP was down 3.0% to 131,300 tonnes, while PVC was up 0.7% to 141,500 tonnes. While output recovered in Q117, it fell on a q-o-q basis in Q217.
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