Ukraine's Karpatneftekhim ends maintenance but remains idle

01 November 2012 14:58  [Source: ICIS news]

MOSCOW (ICIS)--Lukoil's Ukrainian chemicals subsidiary Karpatneftekhim has finished maintenance works but remains idle, the Russian oil company said on Thursday.

The work was carried out in September-October, a Lukoil source said, but Karpatneftekhim remains idle as a joint commission including company representatives and government officials continues to discuss whether the plant is prepared to restart.

Karpatneftekhim is based in Kalush, Ivano-Frankov region, 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.

Earlier this year, Karpatneftekhim said its production units could remain idle for a longer period of time than its planned maintenance shutdown unless Ukraine's government did more to protect local petrochemical producers.

Notably, Karpatneftekhim favoured the introduction of an import duty to be levied on PVC at a 6.5% rate.

By: Sergei Blagov
+44 20 8652 3214

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