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In November Ukrainian PP production is expected to grow

November 08/2011

(MRC) -- In November, Ukrainian producer Linik plans to increase the output of polypropylene (PP) to 9,000 tonnes. Following the October results, the total volume of the polymer made 6,900 tonnes, according to MRC ScanPlast.

In October, Ukrainian producer Linik increased volumes of PP production to 6,900 tonnes, that was by 25% more compared with September. In recent months Ukrainian producer of PP has undergone difficulties with production. Last month, Linik cut back PP production, due to technical problems at the refinery. In August, a week-long stop for a turnaround as well as the accident led to a decline in production volumes of PP.

The 9 months volumes of crude oil refinery by Linik made about 4 million tonnes. The converter processed only 969,000 tonnes and 555,000 tonnes of the feedstock for the Ukrainian market.

This year, the company changed its business model and implemented programs to improve the work efficiency, which allowed TNK-BP to have $17 million net profit over the nine months of 2011.

A significant increase in the production of PP is expected in November. This month Linik planned to process 100,000 tonnes of different feedstock for the domestic market. According to preliminary estimates, the planned total processing volume of crude oil will allow the company to increase the output of PP to 9,000 tonnes. The 9 months volume of production of PP by Linik made more than 77,000 tonnes, that by 22% more year on year.
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