The reintegration of the LDPE unit, halted in late 2023 on the unfavorable market context, will involve a $1.5 million investment.
“The growing demand for petrochemical products has led us to reactivate the LDPE installation, and this will lead to visible progress in the petrochemical division, which has recently depended only on the Polypropylene (PP) installation. By restarting LDPE, we are consolidating our status as the market leader in the segment and taking an important step in the development of petrochemicals in Romania,” said Yedil Utekov, Chief Production & Industrial Services Officer at KMG International (Rompetrol).
With a production capacity of 75,000 tons per year, the unit will supply, starting in May, grades (finished products) for heat-shrinkable film, agricultural film, thick bags and thin film for packaging, products that will support multiple industries in Romania.
In 2024, the petrochemical division processed 83,000 tons of propylene, and the total polymer production was about 60,000 thousand tons, through the operation of the Polypropylene (PP) installation.
In 2025, Rompetrol Rafinare, with a RON1.74 billion capitalization, aims to produce over 145,000 tons of polymers.
The significant shareholders of Rompetrol Rafinare are KMG International (54.63% – directly and indirectly) and the Romanian State, through the Ministry of Energy (44.7%).
(English version by Catalina Apostoiu)