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Refinery in Croatia to undergo maintenance from November

October 16/2020

MOSCOW (MRC) -- Croatia's Rijeka refinery will be optimizing its operations from November "for a few months" and during that period will "perform regular technological activities at process units such as catalyst regeneration and preparation of these plants for the new processing cycle in 2021 through regular maintenance work," reported S&P Global with reference to the company's statement late October 7.

Earlier local media reported that the refinery will temporarily halt production between November and January due to reduced demand caused by the spring lockdown and a weak tourist season.

The company is not considering the closure of the refinery, and is continuing with the heavy residue upgrade, which includes building a delayed coker.

The company confirmed that it will continue "and if possible accelerate, work on our strategic Residue Upgrade project and the implementation of other capital projects that can be done only when the units are partially out of operation."

As MRC wrote previously, Croatias oil and gas firm INA said in July 2020 it aims to invest 250 million euros (USD282.4 million) to build a biorefinery in the central town of Sisak to help reduce its carbon footprint. The company, whose biggest shareholders are Hungarys energy group MOL and the Croatian government, has applied for strategic project approval at Croatias ministry of economy and entrepreneurship. It is also seeking European Union funding, as the bloc of which Croatia and Hungary are members, aspires to cut emissions to zero by 2050.

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

According to MRC's ScanPlast report, Russia's overall PE production totalled 1,712,400 tonnes in the first seven months of 2020, up by 58% year on year. Linear low density polyethylene (LLDPE) accounted for the greatest increase in the output. At the same time, overall PP production in Russia increased in January-July 2020 by 24% year on year to 1,063,700 tonne. ZapSibNeftekhim accounted for the main increase in the output.
Author:Margaret Volkova
Tags:bioplastics, PP, PE, LLDPE, crude and gaz condensate, PP random copolymer, propylene, ethylene, petrochemistry, MOL Group, Russia, Croatia.
Category:General News
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