28 November 2011 11:22 [Source: ICIS news]
BUCHAREST (ICIS)--Rompetrol Petrochemicals has started production at its newly upgraded high density polyethylene (HDPE) plant in Navodari, eastern Romania, and also resumed full production at its refinery after maintenance lasting more than a month, the company said on Monday.
“In order to support petrochemical activities, the company has finalised the modernisation of the high-density polyethylene installation, in view of the product range expansions, to which four new kinds of items were added,” said a spokesperson for the company.
The company invested $18m (€13.5m) to raise the capacity of its HDPE plant by more than 70% to 100,000 tonnes/year. Rompetrol Petrochemicals also has a 60,000 tonne/year low density polyethylene (LDPE) plant at Navodari.
The company shut its Petromidia oil refinery on 22 October for a maintenance turnaround and upgrades. The turnaround had been expected to last until 3 November.
Rompetrol Petrochemicals is part of oil refiner Rompetrol Group, which is fully owned by Kazakhstan's KazMunayGaz (KMG) and operates the Vega and Petromidia refineries.
($1 = €0.75)
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