Resumption of ethylene production at Lukoil's Stavrolen plant delayed due to a fire

OAO Lukoil Holdings plans to delay resumption of production at the ethylene unit of its Stavrolen plant four months later than first estimated, following a fire at the petrochemical plant in December. As per Dow Jones, as per an earlier indication by the Russian oil giant, the ethylene plant operation was to begin on April 1. Production at the Stavrolen plant, which produced 684,000 tons of petrochemicals, mainly polyethylene, last year, was partially shut down after the fire that occurred on Dec. 15. This has pushed back the start date to July, triggered by problems getting new equipment delivered on time.
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