20 September 2011 15:34 [Source: ICIS news]
BUCHAREST (ICIS)--Romania's Rompetrol Petrochemicals is to shut its Petromidia oil refinery on 22 October for a maintenance turnaround and upgrades, the company said on Tuesday.
The turnaround is expected to last until 3 November.
"This is just a normal operation, required in view of improving the manufacturing equipment and technologies. During the shutdown, Rompetrol Petrochemicals would cover deliveries to its customers from reserves," said a company spokesperson.
Rompetrol Petrochemicals, based at Navodari in eastern Romania, is part of oil refiner Rompetrol Group, which is fully owned by KazMunaiGaz (KMG) and operates the Vega and Petromidia refineries.
The company is investing $18m (€13.1m) to raise the capacity of its high density polyethylene (HDPE) plant by more than 70% to 100,000 tonnes/year.
The work is underway and is expected to be completed by the end of the year. The company also has a 60,000 tonne/year low density polyethylene (LDPE) plant at Navodari.
($1 = €0.73)
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