Russia - Lukoil postpones operations at Stavrolen plant
Dated- 28 Mar , 2012 - Russia
Russian oil producer OAO Lukoil Holdings (LKOH.RS) will resume production at the ethylene unit of its Stavrolen plant four months later than first estimated, following a fire at the petrochemical plant in December, the company said Wednesday.
Lukoil said earlier the ethylene plant operation would begin April 1, but said in a statement today, Wednesday, the start date has been pushed back to July, due to problems getting new equipment delivered on time.
Production at the Stavrolen plant, which produced 684,000 metric tons of petrochemicals, mainly polyethylene, last year, was partially shut down after the fire Dec. 15.