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December 16, 2016 06:00 AM

Two plastics processors to open Polish plants

Jaroslaw Adamowski
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    Two Polish plastics processors have unveiled plans to open new factories in a special economic zone, the Płocki Industrial-Technology Park (PPPT), reports local daily Gazeta Wyborcza.

    Polish plastics processor Profil-Stal has obtained a permission to open a new production facility in Płock, in the country's central Mazowieckie region. The manufacturer specialises in recycling plastics, producing plastic frames and making granulate. Its new factory will make plastic components for PVC windows.

    Profil-Stal's investment is expected to create at least 20 new jobs in Płock. Representatives of the PPPT say that construction work on the firm's new plant is expected to be launched in 2017.

    On a related note, a second Poland-based plastics processor is also planning to launch a new production facility in Płock and create at least 10 new jobs there. The investor's name was not disclosed by the zone's operator, because to date, only a preliminary agreement has been signed with the company. The investor plans to purchase land for its designed facility by the end of this year, and construction work on its factory is expected to be launched in 2017.

    Locating the investments in the PPPT will provide both investors with preferential tax treatment for their manufacturing projects until at least 2026, when the zones are scheduled to cease their operations.

    Płock is located less than 110 km from the country's capital Warsaw.

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