Stavrolen petrochemical complex resumes production of ethylene and propylene post fire

26-Sep-12
Ethylene and propylene production has been fully resumed at Stavrolen petrochemical complex (a LUKOIL subsidiary) in Budennovsk, as per StockMarketWire.com. Both these substances were then forwarded to units producing polyethylene and polypropylene. With this, LUKOIL has completed its repair-and-renewal operations post the fire outbreak at the ethylene production unit in mid-December of 2011 which caused temporary suspension of operations. Parallel to this shutdown and repair schedule, the company shut its polyethylene production unit for scheduled repairs. Polypropylene production was temporarily resumed on 11 March 2012 using raw stock, propylene, purchased from Karpatneftekhim (a LUKOIL subsidiary) and from a number of other Russian manufacturers.
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