HIP Petrohemija

HIP Petrohemija
Type Joint-stock company
Industry Oil and gas
Founded 1968
Headquarters Pančevo, Serbia
Key people Saša Pavlov (Chairman)
Products Petrochemicals
Revenue US$375 million USD
Net income US$-27.5 Million USD (2007)
Employees 1,795
Parent Government of Serbia (53.70%)
Website hip-petrohemija.com

HIP Petrohemija (Serbian Cyrillic: ХИП Петрохемија) is a public stock company and the largest petrochemicals producer in Serbia.[1] The company owns petrochemical complexes located in Pančevo, Elemir and Crepaja.[2] It is specialised in producing HDPE, LDPE and other petrochemical products, and has an annual production capacity of 700,000 tonnes.[3]

Activity

HIP Petrohemija owns large petrochemical complexes located in Pančevo, Elemir and Crepaja. These complexes include a number of nine producing plants.[4]

The ethylene plant is located in Pančevo and was established in 1979 and built by United States based company Stone & Webster and French company French Institute of Petroleum.[5] It produces ethylene, propylene, synthetic rubber, latex, carbon black and gasoline and has an annual production capacity of around 500,000 tonnes.[5] The high density polyethylene (HDPE) plant is located in Pančevo and was established in 1975 under licence from the former United States based Phillips Petroleum Company.[6] The plant has two production lines and produces high density polyethylene or HDPE having an annual capacity of 76,000 tonnes.[6] The low density polyethylene (HDPE) plant is located in Pančevo and was established in 1979 under licence from the former United States based National Distillers.[7] The plant has one production line and produces low density polyethylene or LDPE having an annual capacity of 57,000 tonnes.[7]

The synthetic rubber plant is located in Elemir and was established in 1983 under licence from the former Germany based Buna-Werke Hulls.[8] The plant has three production units and produces synthetic rubber having an annual capacity of 40,000 tonnes, 1,3-Butadiene under licence from Japanese company Nippon Zeon having an annual production capacity of 45,000 tonnes and methyl tert-butyl ether or MTBE under licence from Italian company Snamprogetti having an annual production capacity of 35,000 tonnes.[8] Other production plants include the PVC production plant in Crepaja with an annual capacity of 16,000 tonnes,[9] the polyethylene pipes and fittings plant in Pančevo with an annual capacity of 11,000 tonnes,[10] the chlorine-alkali electrolysis plant in plant in Pančevo built under the licence of the Olin Corporation with an annual capacity of 200,000 tonnes,[11] a water treatment plant in Pančevo and an utility plant that produces energy fluids.

References

  1. ^ "Getting the deal done, Introduction: Serbia's beleagured pethem player is in dire need of investment and a secure future. With Gazprom securing NIS, another purchase seems logical". Allbusiness. 2009. http://www.allbusiness.com/company-activities-management/company-structures/12695560-1.html. Retrieved 2010-09-22. 
  2. ^ "Who We Are". HIP Petrohemija. 2010. http://www.hip-petrohemija.com/e_index.html. Retrieved 2010-09-22. 
  3. ^ "Petrohemija profile". HIP Petrohemija. 2010. http://www.hip-petrohemija.com/e_index.html. Retrieved 2010-09-22. 
  4. ^ "Plants". HIP Petrohemija. 2010. http://www.hip-petrohemija.com/e_index.html. Retrieved 2010-09-22. 
  5. ^ a b "Ethylene Plant". HIP Petrohemija. 2010. http://www.hip-petrohemija.com/e_index.html. Retrieved 2010-09-22. 
  6. ^ a b "High Density Polyethylene (HDPE) Plant". HIP Petrohemija. 2010. http://www.hip-petrohemija.com/e_index.html. Retrieved 2010-09-22. 
  7. ^ a b "Low Density Polyethylene (LDPE) Plant". HIP Petrohemija. 2010. http://www.hip-petrohemija.com/e_index.html. Retrieved 2010-09-22. 
  8. ^ a b "FSK - Synthetic Rubber Plant". HIP Petrohemija. 2010. http://www.hip-petrohemija.com/e_index.html. Retrieved 2010-09-22. 
  9. ^ "PANONIJAPLAST - Compound Production Plant". HIP Petrohemija. 2010. http://www.hip-petrohemija.com/e_index.html. Retrieved 2010-09-22. 
  10. ^ "PETROPLAST - PE Pipes and Fittings Plant". HIP Petrohemija. 2010. http://www.hip-petrohemija.com/e_index.html. Retrieved 2010-09-22. 
  11. ^ "ELECTROLYSIS - Chlor-Alkali Electrolysis Plant". HIP Petrohemija. 2010. http://www.hip-petrohemija.com/e_index.html. Retrieved 2010-09-22. 

External links