Ukraine's Karpatneftekhim plans shutdown in August and September

10 July 2012 15:59  [Source: ICIS news]

MOSCOW (ICIS)--Ukraines Karpatneftekhim on Tuesday announced plans to shut down its production units for polyvinyl chloride (PVC), ethylene, caustic soda, chlorine and polyethylene for maintenance.

The companys plant in  Kalush, western Ukraine, is due to be shut down in August and September for regular maintenance work, Karpatneftekhim said. However, the plant may remain idle for longer if Ukraines government does not do more to protect domestic petrochemical producers, the company said.

In the past, Karpatneftekhim advocated the introduction of an import duty on PVC of 6.5% and urged the government to allow imports of feedstock products from Russia free of import duties.

Karpatneftekhim is controlled by Russias major oil company, Lukoil. An extended shutdown of Karpatneftekhim is a possibility, but a final decision is yet to be taken, Lukoil sources said.

Karpatneftekhim has capacities to produce 300,000 tonnes/year of PVC, 200,000 tonnes/year of caustic soda, 180,000 tonnes/year of chlorine, 250,000 tonnes/year of ethylene and 100,000 tonnes/year of polyethylene.

By: Sergei Blagov
+44 20 8652 3214

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