Afipsky Oil Refinery fulfilled the plan in June and increased refining depth
The Afipsky Refinery (in May 2019, entered the structure of PFG SAFMAR, owned by M.S.Gutseriev) in June of this year fulfilled a monthly plan for oil refining in the amount of more than 514 thousand tons of oil, that exceeds the figures for May by 50 thousand tons. The depth of processing also increased relative to the previous period and amounted to 82%.
It should be noted that the increase in refinery performance is associated with the normalization of the supply of raw materials to the plant. In April, the plant completely stopped refining due to the financial difficulties of the previous shareholders of the Company. However, in May, after the change of the ownership and management of the plant, the supply of raw materials was restored, allowing the company to fully utilize the capacity and stabilize its activities.
By increasing its production capacity, in July the Afipsky Refinery plans to process 531,000 tons of oil. The plans of the plant’s management for the near future include a large-scale reconstruction, construction and commissioning of new technological facilities. These measures will increase refining volumes, allow mastering the production of new petroleum products and improving their quality.
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