FIRST STEP MADE The Government of the Republic of Serbia on its session Thursday, December 15, 2011, adopted a Budget Act proposal for 2012. This proposal contains, among other issues, guarantee issuance by the Republic of Serbia in the favour of the business bank as a security for providing a loan for financing the first phase of the investments program in 2012, which includes capacity expansion of HIP Petrohemija’s polyethylene plants, the amount of investment being EUR 27,000,000. ...
On Wednesday, November 30th CIRIC AND KRAVCHENKO IN PETROHEMIJA Minister of Economy and Regional Development, Nebojsa Ciric, and NIS CEO, Kirill Kravchenko, with their close associates visited Petrohemija Wednesday, Nov. 30, in regard to recent Agreement on Strategic Cooperation signed between HIP-Petrohemija and NIS. First they joined an organized tour to the High Density Polyethylene Plant (HDPE), and then took part in a press conference where the Agreement was presented by Ciric, Kravchenko and Petrohemija’s CEO, Sasa Pavlov. They all expressed their beliefs that the signed Agreement on Strategic Cooperation makes a ground for Petrohemija profitable operations in future with no losses after 2014.
The Lurgi (Germany)
designed Synthetic Rubber Plant in Elemir near Zrenjanin was put
in operation around the end of 1983 and became a part of HIP-Petrohemija
in 1991.
The plant is composed of three production units:
I Production of emulsive Styrene Butadiene Rubber
(SBR), in accordance with the license of Bunawerke
Huls ( Germany), design capacity 40,000 t/y. Three different
SBR types are produced and marketed under the HIPREN® trade
mark: two of the 1500 series and one of the 1700 series. Styrene
Butadiene Rubber finds broad applications in the manufacture of
various products – from automobiles' tires and transport belts
for industry to tiny technical products made of rubber.
II Extraction of 1,3
Butadiene, in accordance with the license of Nippon
Zeon ( Japan ), design capacity 45,000 t/y. This product
is used in production of the synthetic rubbers, resins, dyes,
polyesters, polyurethanes etc.
III Production of Methyl
Tertiary Butyl Ether (MTBE), in accordance with the
license of Snamprogetti (
Italy ), design capacity 35,000 t/y. MTBE is used as additive
for motor gasolines.
