MOSCOW (MRC) -- An accident at Stavrolen on Thursday brought to a halt its production of petrochemicals. There is no official data on the effects of the accident yet. If the production in Budyonnovsk stops for a long time, it can seriously affect the Russian market of polyethylene and polypropylene, according to MRC analysts.
On Thursday, 14.15 p.m., at the Stavrolen site in Budennovsk there was an explosion followed by a fire outbreak in the work room of gas distribution of ethylene. At the moment there is no official information about the causes and consequences of the explosion for the industrial complex.
Stavrolen plant (Lukoil group) is one of the largest Russian producers of petrochemical products. Capacity for the production of high-density polyethylene makes 300 thousand tonnes per year and production capacity for polypropylene -120 thousand tonnes per year.
The company is the second largest Russian producer of high-density polyethylene after Kazanorgsyntez, and the third by volume of PP production after Nizhnekamskneftechem and Tomskneftechem.
Over the 11 months, Stavrolen produced slightly more than 268 thousand tonnes of HDPE, export shipments, including the countries of the Common Customs Union, made a little more than 29 thousand tonnes. Production volume of polypropylene was about 116 thousand tonnes. The export shipments, including the countries members of the Uniform Customs Union, made more than 25 thousand tonnes.