Ukraine's Karpatneftekhim delays planned maintenance shutdown

10 August 2012 11:13  [Source: ICIS news]

MOSCOW (ICIS)--Karpatneftekhim will delay the planned maintenance shutdown of its production units for polyvinyl chloride (PVC), ethylene, caustic soda, chlorine and polyethylene until September-October, the Ukraine-based producer said on Friday.

Karpatneftekhim had originally announced in July it would shut down the units in August/September for regular maintenance works.

The company said the production units may remain idle for longer if Ukraine's government does not do more to protect local petrochemical producers.

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 Russia’s 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 is based in Kalush, in the Ivano-Frankov region, in western Ukraine.

It 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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