Unipetrol is planning to construct a new 300,000tpa polyethylene (PE) plant at its Litvínov site, in the Czech Republic.
The proprosed facility would be the third PE plant at Litvínov and is scheduled to replace Unipetrol's outdated 120,000tpa plant built in around 1976, according to European Plastics News.
With the closure of the 1976 plant, the site is expected to reach an annual PE capacity of 500,000tn.
The Czech chemical company is expected to start the construction of the new PE plant in February 2014 and the plant is expected to come on stream in early 2016.
Unipetrol, which also produces polypropylene, is also targeting the PE pipes market for its increased polymer capacity, along with an expansion of material compounding.
The company currently operates a second PE plant at the Litvínov complex, with an annual capacity of 200,000tn.
Unipetrol, a refiner and polyolefins producer, is an offshoot of Polish-based oil and petrochemicals group PKN Orlen.