Prague, 26 June 2018 – The refinery and petrochemical group Unipetrol continues to invest and expand its production. Besides its refinery in Kralupy, it started producing aviation fuel also in its Litvínov Refinery. The reason is growing demand for aviation fuel and new business opportunities within the international group PKN Orlen, the majority owner of Unipetrol. By opening the production in Litvínov, Unipetrol will increase its production capacity for aviation fuel by ca. 30 percent to ca. 200 thousand tons per year. The investment in expanding production exceeded CZK 100 million.
"We are responding to growing demand for aviation fuel and, at the same time, we are using the synergies that we have at hand. The first is the appreciation of a 100 percent stake in our refineries, which we acquired in 2015 by integrating Česká rafinérská, and the second is the trading and distribution opportunities due to use being part of the international group PKN Orlen," explained Krzysztof Zdziarski, Chairman of the Unipetrol Board of Directors. "By extending our production to Litvínov we can be more efficient in laying out production capacities, increasing distribution flexibility and respond more effectively to seasonal fluctuations in fuel consumption," he added.
Unipetrol is the only producer of JET A-1 aviation fuel in the Czech Republic. This high-quality fuel, also known as jet kerosene, is suitable for most jet planes. Unipetrol, in cooperation with PKN Orlen, supplies it to Václav Havel Airport Prague or the Administration of State Material Reserves. PKN Orlen itself is an important consumer at Václav Havel Airport Prague as it has been supplying the airlines tanking at this airport since April last year. Unipetrol plans to produce up to 200,000 tons of this Jet A-1 per year, of which about one third will come from the new production and distribution facility in Litvínov.
The Unipetrol Group is the largest refinery and petrochemical company in the Czech Republic. It focuses primarily on crude oil processing, distribution and sale of fuel and petrochemical products — particularly plastics and fertilisers. In all these fields, the group is a key player on both the Czech and Central European market. The Unipetrol Group includes refineries and production plants in Litvínov and Kralupy nad Vltavou, Paramo with the Mogul brand in Pardubice and Kolín, Spolana in Neratovice, and two research centres in Litvínov and Brno. Unipetrol also owns the Benzina network of petrol stations with 404 stations, which is the largest chain in the Czech Republic. Unipetrol is one of the largest companies in the Czech Republic in terms of turnover. The group created revenue of over CZK 122 billion last year and employs more than 4600 people. In 2005, Unipetrol became part of the PKN Orlen Group, the largest crude oil processor in Central Europe.
The Unipetrol Group is the largest refinery and petrochemical company in the Czech Republic. It focuses primarily on crude oil processing, distribution and sale of fuel and petrochemical products — particularly plastics and fertilisers. In all these fields, the group is a key player on both the Czech and Central European market. The Unipetrol Group includes refineries and production plants in Litvínov and Kralupy nad Vltavou, Paramo with the Mogul brand in Pardubice and Kolín, Spolana in Neratovice, and two research centres in Litvínov and Brno. Unipetrol also owns the Benzina network of petrol stations with 402 stations, which is the largest chain in the Czech Republic. Unipetrol is one of the largest companies in the Czech Republic in terms of turnover. The group created revenue of over CZK 122 billion last year and employs more than 4600 people. In 2005, Unipetrol became part of the PKN Orlen Group, the largest crude oil processor in Central Europe.
Contact details:
Pavel Kaidl, Press Officer, telephone no.: +420 225 001 407, +420 736 502 520, e-mail: pavel.kaidl@unipetrol.cz