Poland’s Synthos Switching To Coal In Pulawy Acquisition

Reuters reported Polish synthetic rubber producer Synthos intention to switch fuel from gas to coal for the planned Pulawy plant. Synthos wants to acquire Pulawy, a local fertilizer producer, and is making the change in order to cut costs.

Chief Executive of Synthos, Tomasz Kalwat, commented:

We want to carry out the investment in the power plant in Pulawy, but we want to introduce one modification concerning the fuel. We do not want to use more gas, we want coal.

Click here to read the full Reuter’s report.