HIP-Petrohemija
 |
|
|
Native name
|
ХИП-Петрохемија |
|---|---|
| Public limited company | |
| Founded | Pančevo, Serbia (July 8, 1975) First founded 1968 |
| Headquarters | Pančevo, Serbia |
|
Key people
|
Velimir Unković (General director) |
| Products | Petrochemicals |
| Revenue |  €249.06 million (2014)[1] |
 –€91.08 million (2014)[1] |
|
| Total assets | €542.81 million (2014)[1] |
| Total equity | €43.335 million (2014)[1] |
| Owner | Government of Serbia (54.89%) Serbian Development Fund (13.63%) Srbijagas (13.38%) Naftna Industrija Srbije (12.72%) Elektrovojvodina (4.86%) Pančevo (0.51%)[1] |
|
Number of employees
|
1,787[1] |
| Website | www |
HIP–Petrohemija (Serbian: ХИП-Петрохемија) is a Serbian producer of petrochemicals, based in Pančevo, Serbia.[2] The company owns petrochemical complexes located in Pančevo, Elemir and Crepaja.[3] It specializes in producing HDPE, LDPE and other petrochemical products with an annual production capacity of 700,000 tonnes.[4]
Activity
HIP Petrohemija owns large petrochemical complexes located in Pančevo, Elemir and Crepaja. These complexes include a number of nine producing plants.[5]
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.[6] It produces ethylene, propylene, synthetic rubber, latex, carbon black and gasoline and has an annual production capacity of around 500,000 tonnes.[6] 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.[7] The plant has two production lines and produces high density polyethylene or HDPE having an annual capacity of 76,000 tonnes.[7] 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.[8] The plant has one production line and produces low density polyethylene or LDPE having an annual capacity of 57,000 tonnes.[8]
The synthetic rubber plant is located in Elemir and was established in 1983 under licence from the former Germany based Buna-Werke Hulls.[9] 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.[9] Other production plants include the PVC production plant in Crepaja with an annual capacity of 16,000 tonnes,[10] the polyethylene pipes and fittings plant in Pančevo with an annual capacity of 11,000 tonnes,[11] the chlorine-alkali electrolysis plant in Pančevo built under the licence of the Olin Corporation with an annual capacity of 200,000 tonnes,[12] a water treatment plant in Pančevo and a utility plant that produces energy fluids.
References
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