Karpatneftekhim to resume HDPE production in March after outage

MOSCOW (MRC)–Karpatneftekhim, Ukraine’s largest petrochemical plant, intends to resume its high density polyethylene (HDPE) production in March after a shutdown, according to ICIS-MRC Price report.

The plant’s representative and customers said the Ukrainian producer plans to launch its HDPE production on 20 March. The PE shutdown took place in early January and was caused by high prices of material, which did not match the world prices of polymer.

The situation in the feedstocks markets has changed dramatically for the past several week after oil prices fell significantly.

As reported earlier, Karpatneftekhim’s overall HDPE output exceeded 93,000 tonnes in 2019, up by 4% year on year.

Karpatneftekhim is one of the largest enterprises of Ukraine’s petrochemical complex. Currently, the plant can produce annually 300,000 tonnes of PVC, 200,000 tonnes of caustic soda, about 180,000 tonnes of chlorine, as well as 250,000 tonnes of ethylene and 100,000 tonnes of polyethylene.

MRC, a partner of ICIS, produces polymers news and pricing reports from Russia, Ukraine, Belarus, Uzbekistan and Kazakhstan.