MOSCOW (Market Report) -- Ufaorgsintez (petrochemical asset of Bashneft, which is part of Rosneft) shut down the second low density polyethylene (LDPE) line and polypropylene (PP) production capacities for maintenance. The outage will be long, according to ICIS-MRC Price report.
The plant's customers said Ufaorgsintez took off-stream its second LDPE line for a scheduled turnaround on 19 September (production of 158 and 153 grade polyethylene (PE) was shut) and PP production. The outage will be quite long and will last until 12 and 19 October, respectively.
As reported earlier, the first LDPE line (108 grade PE) was already shut for a 30-day maintenance on 1 September.
Ufaorgsintez's overall LDPE and PP production capacities are about 90,000 and 120,000 tonnes per year, respectively.
PJSC Ufaorgsintez produces phenol, acetone, synthetic ethylene-propylene rubber, high and low density polyethylene, polypropylene, over 30 types of petrochemical products and over 25 items of consumer products. Ufaorgsintez's net profit was Rb5.41 billion in 2017, down by 7% year on year.
MRC