MOSCOW (MRC) -- HIP Petrohemija has resumed operations at the petrochemical complex recently, as per Apic-online.
A Polymerupdate source in Serbia informed that the company restarted cracker and high density polyethylene (HDPE) plant at its petrochemical complex comprising of cracker and PE plants. The complex was taken offstream for a planned maintenance turnaround early last month. The company plans to resume production at the LDPE plant by this weekend.
Located at Pancevo in Serbia, the LDPE plant has a production capacity of 57,000 mt/year, the HDPE plant has a production capacity of 90,000 mt/year and the cracker has a production capacity of 200,000 mt/year.
As MRC wrote before, in December 2012, HIP Petrohemija completed the launch of its reconstructed and expanded high-density polyethylene (HDPE) plant. The installation, the capacity of which has been increased 30% to slightly more than 90,000 tonnes/year.
HIP Petrohemija owns petrochemical complexes located in Pancevo, Elemir and Crepaja. The core business is the production of HDPE, LDPE and other petrochemical products. The annual production capacity of the company is 700,000 tonnes. As per MRC information, the HIP Petrohemija's products are not significantly represented in the Russian and Ukrainian HDPE markets.
MRC