MOSCOW (MRC)--Karpatneftekhim, Ukraine’s largest petrochemical plant, has resumed high-density polyethylene (HDPE) production, according to ICIS-MRC Price report.
The plant’s representative and customers said the Ukrainian producer relaunched its HDPE production on 23 March. The shutdown was forced and took place in early January due to high feedstock prices amid low PE prices.
The situation in feedstocks markets has changed dramatically since February after oil prices fell significantly, which allowed to restart PE production.
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.