KRAKCHEMIA S.A. Board with a seat In Kraków ("The Company") informs that on 14.07.2017, a contract was concluded for the delivery of products between The Company as the purchaser and Basell Orlen Polyolefins Sprzedaż Sp. z o.o. (BOPS) with a seat in Płock. The Company incorporates a condition suspending its implementation in the form of supplying by the Company until 28.07.2017 a safeguard In the form of bank guarantee.

The subject of the agreement is the co-operation encompassing the promotion and distribution of polyolefin products defined In the contract (plastic raw materials).

The Contract was concluded for the determined period until 30 September 2017.

In connection with the above-mentioned and in compliance with the wording of the report No. 30/2017 of 30.06.2017, the Company informs that as on 14.07.2017 the condition of the annex to the contrach on the Multi-purpose credit limit of 15 January 2014 concluded with the Bank Polska Kasa Opieki S.A. with a seat in Warsaw hes not been met. The condition stipulated the conlusion of a contract with BOPS for the period longer than until 31 October 2017 - the contract was concluded until 30 September 2017.


Legal basis:
Art. 17 para 1 MAR

Krakchemia SA published this content on 14 July 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 14 July 2017 16:24:03 UTC.

Original documenthttp://www.krakchemia.pl/1007,2017,2966,en

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