“During this period, the production activity will be entirely discontinued in order to carry out the maintenance work, technical inspections and checks specific to a general turnaround,” the company said in a statement.
It said sales would not be affected by the production halt as the company has stocks of finished products that fully cover its contractual obligations of this period.
Oltchim reported a gross profit of RON102.7 million for the first half of 2018, 2.8 times higher than in the same period last year. Its turnover increased 20.2%, to RON577.2 million, as its export sales grew 20.3%, to RON98.7 million, accounting for 80% of the turnover.