3.6 C
February 2, 2023

Rompetrol’s 2014 goal – record production of 5 million tons at Petromidia

Petromidia refinery’s 2014 production target is 5 million tons of oil, the maximum oil quantity it has ever refined, Alexandru Nicolcioiu, chief Refinery and Petrochemical production officer at Rompetrol Group, announced yesterday at an energy event. “Our 2014 goal is to process the largest quantity of crude-oil in the history of Petromidia. Last year, we processed 4.2 million tons. (…) In the horizontal integration segment, we will remain the sole polypropylene producer in Romania. Around 11 million tons of crude-oil are processed in Romania compared to a demand of six million tons. We could say the processing activity ensures the critical amount for Diesel oil and fuel,” Nicolcioiu said.

Related posts

UK ambassador visits Lotus showroom

Nine O' Clock

Ratio of research and development expenses out of GDP ebbed slightly in 2010

Nine O' Clock

PwC Report: Insolvency and restructuring activity remained low across the Central and Eastern Europe, since the beginning of the pandemic, except Romania and Czech Republic