MOSCOW (MRC) - Stavrolen, a major producer of polyolefins in Russia, resumed production of high density polyethylene (HDPE) and polypropylene (PP) after a short turnaround, according to ICIS-MRC Price Report with reference to the producer's customers.
Stavrolen on 8 December resumed its capacities for the production of PP and HDPE after a short repair. According to customers of the producer, the shutdown lasted only 3 days.
November production of high density polyethylene (HDPE) and PP at the plant was 24,200 and 10,600 tonnes respectively. Producer's output of HDPE and PP in the first eleven months of the year reached 248,900 and 103,400 tonnes respectively.
Stavrolen - subsidiary of LUKOIL, is the second largest Russian producer of high density polyethylene (HDPE) after Kazanorgsintez and the fifth in terms of production of polypropylene. Stavrolen's production capacities for HDPE and PP are 300,000 tonnes/year and 120,000 tonnes/year, respectively.
LUKOIL - is one of the leading vertically integrated oil company in Russia. The main activities of the company include operations for exploration and production of oil and gas, production and sale of petroleum products. LUKOIL is the second largest private oil company worldwide by proven hydrocarbon reserves. LUKOIL structure includes two of the largest Russian and Ukrainian petrochemical companies - Stavrolen and Karpatneftekhim.
MRC