Rompetrol Petrochemicals expects growth in next years' turnover by 40%, due to modernisation of the low-density polyethylene facility and construction of a marine liquefied gas terminal, at a total investment of Euro 25 million.
Rompetrol has an planned extensive investment of Euro 320 million over the next three years. Start up of the low-density polyethylene installation is the first step, leading to total production capacity of 500,000 tpa of polymers and 200,000 tpa of ethylene. These production capacities will help the company become a major player on the Central and East-European market. The company is also due to start operating a high-density polyethylene installation and a pyrolysis installation in March 2007 and March 2008 respectively, at a total investment of Euro 80 million.
Investment plans also include a new PET installation, set to cost Euro 94.4 million and, by 2010, a polypropylene plant, to cost an estimated Euros 120 million.
28-Nov-06 
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