The Management Board of Grupa Kęty S.A., with reference to current report No. 61/2014 of 18 November 2014, hereby informs that the Company has been notified by its subsidiary Alupol Films about launching, a few months ahead of the final deadline, the production of BOPP polypropylene films and the production of printing cylinders. The green field project is located in “Krakowski Park Technologiczny” Special Economic Zone in Oświęcim, and the new line is currently the largest and the most modern line of this type in Poland and one of the most modern such lines in Europe. According to the objectives of the strategy, in 2020 the line should reach the capacity of 22,000 tonnes of films annually. Earlier-than-planned launch of the production of BOPP films will not have any material impact on the financial results for 2016.
