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Repsol resumes operations at Portuguese cracker

September 26/2019

MOSCOW (MRC) -- Spains Repsol has resumed operations at its cracker in Sines, Portugal, according to NCT with reference to market sources.

The news was not directly confirmed by the company while it was not clear as of the time of press whether or not Repsol lifted a force majeure at the site.

The company had declared the force majeure on the output from its cracker due to a technical glitch in early September.

The cracker has a production capacity of 410,000 tons/year of ethylene and 215,000 tons/year of propylene. The company also owns a butadiene unit with a production capacity of 45,000 tons/year at the same site.

As MRC informed previously, in Q1 2016, Repsol completed the construction work of its new  metallocene  polyethelene plant at its Tarragona  site. Repsol started up the plant and began production and marketing of this new product during Q2 2016.

Ethylene and propylene are feedstocks for producing polyethylene (PE) and polyprolypele (PP).

According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 1,255,800 tonnes in the first seven months of 2019, up by 9% year on year. Shipments of all PE grades increased. At the same time, the estimated PP consumption in the Russian market was 796,120 tonnes in January-July 2019, up by 11% year on year. Shipments of PP block copolymer and homopolymer PP increased.

Repsol S.A is an integrated Spanish oil and gas company with operations in 28 countries. The bulk of its assets are located in Spain.
Author:Margaret Volkova
Tags:PP, PE, LLDPE, PP block copolymer, homopolymer PP, propylene, ethylene, Repsol, Spain, Russia.
Category:General News
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