Hungary's TVK extends deadline for restart of fire-hit LDPE plant

10 July 2013 10:57  [Source: ICIS news]

LONDON (ICIS)--The restart of TVK's 65,000 tonne/year low-density polyethylene (LDPE) II installation could be delayed until the beginning of August, the Hungarian petrochemical producer said on Wednesday.

The restart of the plant – out of action since a fire last October – might still take place at the end of the original target month of July, but early August was now also a possibility, TVK said.

The forced shutdown of LDPE II, located in Tiszaujvaros, northeastern Hungary, has left TVK without any LDPE production capacity because its LDPE I plant was permanently shut down in 2007 after 37 years of operation.

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

By: Franco Capaldo
+44 (0)20 8652 3214

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