The largest petrochemical plant in Ukraine – Karpatneftekhim (Kalush, Ivano-Frankivsk region) – resumed production of low-pressure polyethylene (HDPE) after prolonged and forced downtime, according to the ICIS-MRC Price Review.
According to the representative and customers of the enterprise, the Ukrainian manufacturer launched the production of HDPE by March 23rd. The stoppage of production of polyethylene (PE) was forced and took place in early January due to the high cost of raw materials at low prices for PE.
Since February, the situation in commodity markets has changed dramatically, in particular, oil has significantly fallen in price, which has allowed the resumption 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.