08 Sept - Serbia's HIP PetroHemija declares FM on PE grades at Pancevo
Source: ChemOrbis
According to a letter sent to its customers, Serbia’s HIP PetroHemija declared a force majeure on all products in Pancevo, Serbia. The reason behind the force majeure was cited as unexpected issues at the company’s ethylene plant, caused by a fire on processing equipment.
In its integrated petrochemical complex, HIP PetroHemija produces more than 600,000 tons/year of petrochemical products, while the company’s Pancevo complex houses a 200,000 tons/year steam cracker, a 90,000 tons/year HDPE plant and a 60,000 tons/year LDPE plant.