Slovnaft completes huge investment

BRATISLAVA-based refinery Slovnaft has completed the installation of new technology to produce low-density polyethylene (LDPE) to which it invested more than €300 million.

Slovnaft refinery completed the installation of new technology to produce low-density polyethylene. Slovnaft refinery completed the installation of new technology to produce low-density polyethylene. (Source: SITA)

“The new production unit will improve our competitiveness and possibilities to expand to new markets,” said Oszkár Világi, chair of Slovnaft’s board of directors, as quoted by the SITA newswire.

The new production unit LDPE4 will substitute all previous premises where the polyethylene was produced. It will enable the manufacturing of new polyethylene types of higher quality, with minimum emissions, higher security and lower energy consumption. The annual production capacity of LDPE should increase by 40,000 tonnes to 220,000 tonnes. Four-fifths of this amount should be exported to foreign markets, as reported by SITA.

The construction was secured by Maire Tecnimont company via the consortium of its partner firms Tecnimont from Italy and Tecnimont Planung und Industrieanlagenbau from Germany.

Within the project, the refinery reconstructed the ethylene unit and built logistics infrastructure. After completing the construction, there will be some tests carried out by the end of November. Slovnaft plans to launch production in the beginning of next year, SITA wrote.

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