Monday, 09. July 2012.
Production seized in “Petrohemija“
“HIP–Petrohemija” a.d. Pančevo seized the production in its three plants – HDPE, LDPE and Ethylene plant due to deficiency of raw materiels necessary for production in July and due to standstill in the work of Oil Rafinery Pančevo. The Decision on stopping the Petrochemical complex was made on Friday, July 6, on the 1st regular session of Supervisory Board, after the Management, once more, reviewed the situation in which the Company has been for a long time.
On Friday, July 6, the work in LDPE plant seized, and three days later, on Monday July 9, in HDPE plant and Ethylene plant, whereas the rest of the Petrochemical plants have continued working according to the plan.
Re-start of the processing plants of “Petrohemija“ is planned for August, and it depands on the starting of production in Oil Rafinery Pančevo. The exact start date will be specified when NIS and other suppliers make a plan of delivery of the virgin naphtha for the following period.