Published by Global Banking & Finance Review®
Posted on December 18, 2025
1 min readLast updated: January 20, 2026
Add as preferred source on GoogleOrlen will acquire a butadiene plant builder from Synthos for $193 million, enhancing its petrochemical value chain in Poland.
GDANSK, Dec 18 (Reuters) - Polish state-controlled refiner Orlen said on Thursday it had signed a deal with chemicals group Synthos to acquire a company building a new butadiene extraction unit at its production plant in the city of Plock in central Poland.
The deal has an enterprise value of 692 million zlotys ($193 million) and it will lengthen Orlen's petrochemical value chain, the company said, adding that the final settlement is expected by the end of June 2026.
The extraction unit was initiated as part of the Olefins III expansion, a model under which Orlen said it did not have operational or ownership control over the investment.
Last December, Orlen decided to revise the Olefins III project and proceed with a new framework called "New Chemistry", after its costs spiralled and a state audit revealed significant losses.
($1 = 3.5896 zlotys)
(Reporting by Rafal Nowak in Gdansk, editing by Milla Nissi-Prussak)
Butadiene is a colorless gas that is used primarily in the production of synthetic rubber and plastics. It is a key building block in the petrochemical industry.
A petrochemical value chain refers to the series of processes involved in converting crude oil and natural gas into valuable chemical products, including plastics and synthetic materials.
Enterprise value is a measure of a company's total value, often used as a comprehensive alternative to market capitalization. It includes market capitalization, debt, and excludes cash and cash equivalents.
An extraction unit is a facility or equipment used to separate specific components from a mixture, often used in chemical processing to isolate valuable substances.
The Olefins III expansion is a project aimed at increasing the production capacity of olefins, which are key raw materials in the petrochemical industry, enhancing overall production efficiency.
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