Karpatneftekhim's Ukraine chems facilty remains shut down

04 December 2012 13:55  [Source: ICIS news]

MOSCOW (ICIS)--Russian oil company Lukoil's production facilities of its Ukrainian chemicals subsidiary Karpatneftekhim remain shut down and are not likely to start before the end of this year, a source at Lukoil said on Tuesday.

Karpatneftekhim still remains idle as a joint commission, including the company's representatives and government officials, continue to discuss the plant's future, the source said. Therefore, the plant's restart is unlikely before the end of this year, according to the source.

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 warned its production units could remain idle unless Ukraine's government introduced an import duty to be levied on polyvinyl chloride (PVC) at a rate of 6.5%. However, Ukraine's government has been slow to approve the duty.

By: Sergei Blagov
+44 20 8652 3214

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