Captain Polyplast Ltd We have begun the process of adding a new production line. Considering the positive sales momentum at the plant this year, the company has commissioned two PVC Pipes and HDPE/Sprinkler Pipes at its Kurnolol plant. This increase in production capacity provides a strong base for the company to enter the huge piping and micro-irrigation market in South India.

PKN ORLEN has closed the transaction to acquire a part of the business of Poland’s largest plastics manufacturer Basell Orlen Polyolefins, in which the Company holds an equity interest. The business involves the production and marketing of LDPE, as well as customer service in the Polish market. The transaction was cleared by the Polish and Dutch antitrust regulators. The acquired production capacity is 100 thousand tonnes per year, which means that PKN ORLEN, as Poland’s only producer of LDPE, will single-handedly cover about a third of the country’s overall demand for the plastic. Low density polyethylene, or LDPE, is a fully recyclable product playing an important role in advancing the circular economy. It is a polymer commonly used to make consumer and industrial products, found in plastic films, bags, canisters, food packaging, as well as components of electronic devices, such as wires and cables. “Keeping a close eye on the market environment, ...