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Helm to inrease share of propylene from Schwedt

October 08/2019

MOSCOW (MRC)--Helm will increase the volume of propylene it markets from the PCK refinery at Schwedt in Germany by more than 100,000 tonnes from 1 January, said the company.

An additional shareholder of PCK Schwedt had awarded Helm with the exclusive marketing and logistic services from one of the most modern refineries in Europe.

Benjamin Kraatz, head of the propylene department at Helm AG, said: We are very pleased with this development. The increase in volume will further strengthen our reliability and flexibility towards our partners. Thanks to Helm's excellent logistics and supply chain coordination, we are well equipped to provide the best possible service to our suppliers and customers.

In January 2019, Helm started to market a major share of propylene produced from Rosnefts German refineries, of which the PCK Schwedt refinery is one. The others are the MIRO refinery in Karlsruhe and the Bayernoil refinery in Vohburg.

Propylene is the main feedstock for producing polyprolypele (PP).

According to MRC's ScanPlast report, the estimated consumption of PP in the Russian market totalled 694,210 tonnes in January-June 2019, up by 14% year on year. The supply of propylene block copolymers (PP-block) and propylene homopolymers (PP-homo) increased.

Helm AG is a Hamburg, Germany based family company established in 1900. HELM is one of the worlds largest chemicals marketing companies. The Company secures access to the worlds key markets through its specific regional knowledge and over 100 branches, sales offices and participations in over 30 countries. As a multifunctional marketing organization HELM is active in the chemicals industry (Feedstocks and Derivatives), in the crop protection industry, in active pharmaceutical ingredients, pharmaceuticals and in the fertilizer industry. Helm AG has a total of 1,521 employees.
Author:Anna Larionova
Tags:PP, propylene, Germany.
Category:General News
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