Rompetrol Petrochemicals invests $18mn in installation upgrade

Rompetrol Petrochemicals, the petrochemical division of the Rompetrol Group, will increase the capacity of the high density polyethylene installation (HDPE) by more than 70% by March 2011, the total value of the investment being estimated to approximately $18 million. Removed from operation in 1996 due to the lack of raw material, the installation was modernized and restarted in 2007, following a total investment of over $14.5 million.“Against the background of the reduction or ...

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