Romania's Rompetrol Rafinare Completes Petromidia Refinery Turnaround

Romanias Rompetrol Rafinare Completes Petromidia Refinery Turnaround
energia.gr
Τρι, 5 Μαΐου 2020 - 20:15

 Romania's Rompetrol Rafinare [BSE:RRC] said on Tuesday that it has successfully completed the turnaround of its Petromidia refinery and has initiated the restart of the production units.

The production units will re-enter the operational flow and gradually reach the nominal capacities, Rompetrol Rafinare said in a press release.

The re-commissioning of the Petromidia facilities is carried out simultaneously with the resumption of production processes at the Vega refinery, the only national producer of bitumen and hexane.

The unit in Ploiesti was also under a general turnaround, for the maintenance and compliance of the existing installations on the platform.

In 2019, the Petromidia refinery remained on the upward trend of operating results, with a total volume of 6.33 million tonnes of processed raw materials. This resulted in record production for petrol -1.37 million tonnes, diesel - 2.93 million tonnes and jet fuel - 406 kt.

The Petrochemicals Division, the only domestic producer of polypropylene and polyethylene, processed in 2019 a total of 153 kt of propylene, up 6% compared to 2018.

Rompetrol Rafinare's shares last traded 1.25% higher at 0.0405 lei ($0.01/0.01 euro) on Monday on the Bucharest Stock Exchange.

(SeeNews, May 5, 2020)

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