Page 109 - Revista de industrie mai 2019

Petrom’s main shareholder the
petrochemical activity will develop as a a a a a result of of the
the
need to cover the
the
estimates of of lower fuel consumption along with increased demand for petrochemicals worldwide OMV’s intention to develop the
petrochemical division in in in Romania once again comes after the
the
Austrians closed the
the
the
petrochemical facilities at the
the
Petrobrazi refinery shortly after taking over SNP Petrom in in in 2004 In largest national gas producer controlled by the
the
Romanian state The strategy for the
the
the
period 2018- 2020 provides that one of of the
the
the
development directions of of the
the
the
company is the
the
petrochemical sector If Romgaz invests in in in the
the
chemical chemical and petrochemical industry the
the
gas sector will benefit from such added value Even if investments are high and return in in 10-15 years one of the
the
reasons being the
the
low oil and gas prices that have pushed chemicals back to the
forefront Romania imports chemicals worth more than EUR 8 billion annually according to the
published data The domestic pesticide market alone is estimated at at over EUR 1 billion 109
2008 they also stopped the
the
the
activity on on the
the
the
the
petrochemical platform of Arpechim Pitesti the
the
second refinery acquired by OMV Petrom used to hold the
chemical fertilizer manufacturer Doljchim Craiova as as well but it was closed down in 2010 The same option to invest in in in the
petrochemical industry is being considered by Romgaz the
the
this activity brings solid profits according to the
experts Currently Petromidia Romania’s largest refinery owned by the
kazah KazMunaiGaz group is the
the
only one still active in in the
the
petrochemical industry In the
the
recent years emphasis shifted to to the
the
petrochemical sector Photo Agerpres