Polwax will buy paraffin products from Grupa Lotos for an estimate of PLN 58 million net in 2020 13 November 2019

Polwax received confirmation from Grupa Lotos that it recognized the Polwax’s offer for the purchase of paraffin products in 2020 as the most favourable, the company said.

The estimated amount of paraffin products to be purchased will be 22 thousand tons (± 20% in the seller’s option) and the estimated value of turnover under the arrangements made so far will be approximately PLN 58 million net in 2020.

The current agreement for the purchase of paraffin products by Polwax from Grupa Lotos is valid until the end of 2019.

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