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Karpatneftekhim resums HDPE production

March 25/2020

MOSCOW (MRC) -- Karpatneftekhim (Kalush, Ivano-Frankivsk region), Ukraine"s largest petrochemical plant, has resumed its high density polyethylene (HDPE) production after a long and forced outage, according to ICIS-MRC Price report.

The plant"s representative and customers said the Ukrainian producer had launched its HDPE production by 23 March. The shutdown of polyethylene (PE) production was forced and took place in early January due to high feedstock prices amid  low PE prices.

The situation in feedstocks markets has changed dramatically since February, thus, oil prices fell significantly, which allowed to restart PE production.

As reported earlier, Karpatneftekhim"s overall HDPE output exceeded 93,000 tonnes in 2019, up by 4% year on year.

Karpatneftekhim is one of the largest enterprises of Ukraine"s petrochemical complex. Currently, the plant can produce annually 300,000 tonnes of PVC, 200,000 tonnes of caustic soda, about 180,000 tonnes of chlorine, as well as 250,000 tonnes of ethylene and 100,000 tonnes of polyethylene.
Author:Margaret Volkova
Tags:PE, crude and gaz condensate, HDPE, Karpatneftekhim, Russia.
Category:General News
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