The largest petrochemical plant in Ukraine – Karpatneftekhim (Kalush, Ivano-Frankivsk region) – intends to resume production of low-pressure polyethylene (HDPE) after a forced outage in the third decade of March, according to the ICIS-MRC Price Review.

According to the representative and customers of the enterprise, the Ukrainian manufacturer intends to start the production of HDPE in the 20th of March. The stop of the production of polyethylene (PE) took place in early January and was due to the high cost of raw materials, which did not correspond to the world prices of the polymer.

In the past few weeks, the situation in the commodity markets has changed dramatically, in particular, oil has become significantly cheaper, which suggests a proportional reduction in the cost of PE production.

As previously reported, in 2019 the total production of HDPE at Karpatneftekhim exceeded 93 thousand tons, which is 4% more than a year earlier.

Karpatneftekhim is one of the largest enterprises in the petrochemical complex of Ukraine. Currently, the company is capable of annually producing 300 thousand tons of polyvinyl chloride, 200 thousand tons of caustic soda, about 180 thousand tons of chlorine, as well as 250 thousand tons of ethylene and 100 thousand tons of polyethylene.