MOSCOW (MRC) -- The largest petrochemical plant in Ukraine - Karpatneftekhim (Kalush, Ivano-Frankivsk region) shut production on 24 February amid the introduction of martial law in Ukraine, the company said.
According to the Law of Ukraine “On Approval of the Decree of the President of Ukraine “On the imposition of martial law in Ukraine” No. 7111 dated 24 February, 2022, martial law is imposed from 5:30 a.m. 24 February, 2022 throughout Ukraine.
To prevent any potential adverse consequences and taking into account the fact that Karpatneftekhim Ltd. is a critical infrastructure entity, we report of the shutdown of production facilities for a duration of martial law.
At the same time, Karpatneftekhim Ltd. announces its readiness to implement the measures of the martial law regime in compliance with the current statutory requirements of Ukraine.
The production capacity is 250,000 tonnes of ethylene, 117,000 tonnes of propylene, 110,000 tonnes of LLDPE, 300,000 tonnes of PVC and 100,000 tonnes of benzene per year.
Earlier it was reported that on February 8, at 09:45, a pyrolysis furnace caught fire in one of the buildings on the territory of Karpatneftekhim LLC. Rescuers who arrived on call localized the fire on an area of 70 square meters. There was no threat of the fire tipping onto other equipment.
LLC "Karpatneftekhim", created on the basis of the facilities of the Kalush "Oriana", produces ethylene, polyethylene, vinyl chloride, caustic soda, chlorine and suspension PVC. According to the state register, the owner of the LLC is Karpaty Chemical B.V. (Netherlands), the beneficiaries of which, without specifying the shares, are the owner of the Techinservice production group, Igor Shutsky, and the former head of the Ukrainian business of LUKOIL, Ilham Mamedov.