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Eni Italian plants unaffected by coronavirus

February 28/2020

MOSCOW (MRC) -- Italian oil major Eni continues to operate its domestic refineries and power plants in northern Italy normally, reported S&P Global with reference to a company spokesman's statement Thursday, despite sending home staff at its headquarters in Milan as local coronavirus cases mount.

All Eni employees based in the company's San Donato Milanese and central Milan offices were asked on Wednesday to work home until February 28, the spokesman said. He declined to say if any actual or suspected cases of coronavirus has been identified at the sites.

"Given the operational complexity of its industrial activities in the offices, the company will maintain the functional supervision to guarantee the complete safety of its operations," the spokesman said.

San Donato Milanese, on the outskirts of Milan, is a major administrative and operational center for Eni which includes an oil and gas research center and Enipower, which operates six thermoelectric plants in Italy.

Eni operates two refineries in northern Italy, the 190,000 b/d Sannazzaro plant near Milan, and a biorefinery near Venice.

Italy has become Europe's worst-affected country by coronavirus. Italy's coronavirus cases surged by 100 to over 500 Thursday, with 14 total deaths, mostly in the highly-industrialized Lombardia and Veto regions of northern Italy.

On Tuesday, Chevron sent home about 300 workers from its trading office in London's Canary Wharf district after an employee reported flu-like symptoms after having recently returned from a country infected with the coronavirus, according to sources close to the matter.

As MRC informed earlier, Italys Versalis (part of Eni) took its cracker in Dunkirk, France offline in early September, 2019, due to a fire which broke out at the companys petrochemical plant. Local media sources also reported that the fire was brought under control with no reported injuries. The cracker has a production capacity of 380,000 tons/year of ethylene and 95,000 tons/year of propylene.

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

According to MRC's ScanPlast report, Russia"s estimated PE consumption totalled 2,093,260 tonnes in 2019, up by 6% year on year. Shipments of all PE grades increased. PE shipments rose from both domestic producers and foreign suppliers. The estimated PP consumption in the Russian market was 1,260,400 tonnes in January-December 2019, up by 4% year on year. Supply of almost all grades of propylene polymers increased, except for statistical copolymers of propylene (PP random copolymers).

Eni is an Italian multinational oil and gas company headquartered in Rome. It has operations in in 79 countries, and is currently Italy's largest industrial company with a market capitalization of 68 billion euros (USD 90 billion), as of August 14, 2013. The Italian government owns a 30.3% golden share in the company, 3.93% held through the state Treasury and 26.37% held through the Cassa depositi e prestiti. Another 39.40% of the shares are held by BNP Paribas.
Author:Margaret Volkova
Tags:PP, PE, crude and gaz condensate, PP random copolymer, propylene, ethylene, petrochemistry, Eni, Versalis, Italy, Russia.
Category:General News
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