Hungary TVK's LDPE II still down four months after fire

28 February 2013 14:54  [Source: ICIS news]

LONDON (ICIS)--TVK's 65,000 tonne/year low-density polyethylene (LDPE) II installation in Tiszaujvaros, Hungary, remains out of action following a fire that broke out at the plant last October, the company said on Thursday.

“The reconstruction of the plant is still running, but the exact scheduling of the start-up can not be defined yet due to some factors over which we have no influence,” said TVK spokesman Gabor Palffy.

TVK has involved external experts in the investigation to establish the precise reason for the blaze and to define what technical and safety measures should be introduced to safeguard future LDPE II production, TVK added in a commentary on the outlook for its petrochemical business in 2013.

Shortly after the fire, the Hungarian National Directorate General for Disaster Management said it was caused by material used in the production of plastics catching fire in a pipe.

The fire and subsequent shutdown was a factor in TVK's overall capacity utilisation rate for its plants in 2012 decreasing by approximately 15% year on year, the company said.

However, scheduled maintenance works and scaled-down production in response to unfavourable markets also contributed to the decline, it added.

LDPE II, which uses BASF technology, began production in 1991.

TVK is wholly owned by Hungarian oil, gas and petrochemicals group MOL.

By: Will Conroy
+44 20 8652 3214

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