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Ufaorgsintez to shut its LDPE production for turnaround on 17 September

September 11/2019

MOSCOW (MRC) -- Ufaorgsintez (petrochemical asset of Bashneft, which is part of Rosneft) plans to shut down its second low density polyethylene (LDPE) line for maintenance on 17 September, according to ICIS-MRC Price report.

The plant"s customers said the turnaround at this production line is expected to last for one week.

Ufaorgsintez"s total LDPE production capacity is 90,000 tonnes/year.

As reported earlier, Ufaorgsintez took off-stream its second LDPE line for a fairly long scheduled maintenance from 19 September to 13-14 October, 2018. The first line was shut for a 30-day turnaround and completely resumed operations on 1 October, 2018.

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 reduced its net profit by 18% in the first half of 2019. The company"s revenue has not changed. Ufaorgsintez received revenue in the amount of Rb15.35 billion in the first six months of 2019 versus Rb15.25 billion a year earlier.
Author:Margaret Volkova
Tags:PE, LDPE, Rosneft, Bashneft, Ufaorgsyntez, Russia.
Category:General News
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