The Rompetrol Refinor, a member of KMG International, grew by 44 per cent over the last nine months to $ 4.1 billion in the same year in 2017. This development was mainly influenced by the rise in international oil prices.
At the same time, the company's EBITDA estimate stood at $ 158.5 million, while its January-September period was 4%. Two refineries – Petromedia Navodari, Vega Ploist Processed raw material grew by 19 percent to 4.73 million tonnes and 314 thousand tonnes in the first 9 months.
Rated result Rompetrol Raffinare The decline in exchange rate differences and other programs led to a 41% decrease in the third quarter of the year, 33.3 million dollars. The cost of raw material and petrol products is 39% in the first nine months, 28% on Euro 5 and 35% for Euro 5 diesel.
The European level was 13.1% lower than the same period in 2017. The average price is 48.2 tonnes. The average 72 years average of $ 72 is quoted by crude oil. This is the highest in the last four years.
The company continued to improve its processing costs and operating expenses this year. The petrodia refinery has grown by 5 per cent.
The Romeprol Refiner is the largest exporter of exports of True Products, producing the quantity of petroleum products and subsidies to the petrochemical division KMG International in Bulgaria, Moldova and Georgia In the first nine months of the year, $ 1.42 billion (66% more than the previous year).
The company is a major contributor to the $ 1.2bn Romanian state budget from January to September. Of this, the third quarter of 2018 is 441 million dollars.
The main shareholders of the ROPRETRR referral are KMG International (54.63% – directly or indirectly), Romania (44.69%) under the Ministry of Uruguay.
The total turnover of 3.56 billion dollars in refineries in the first nine months of the year has increased by 51% in the same period in 2017.
However, the operating performance of the IBITI has increased by 22 per cent from January-September to $ 135.7 million in 2017. In the first nine months of 2017, the company reported a net profit of 24.8 million rupees. The company posted a net profit of $ 47.7 million.
During this period, the production of 51.3 tonnes of sea level unit and 19% (4.73 million tonnes) of finished raw materials, petroleum (diesel, diesel and 3.71 million tonnes) were produced during this period.
At present, production of production units will be cut or down for planned restructuring activities, allowing them to maintain their proper production capacity and make a framework for future investments.
Besides, the petrochemical refinery will ensure continuous operation by 2020. Approximately 21.5 million dollars. Additionally, it will be able to add $ 4.5 million for extra work.
The Videoy Refinery Plot carried out 314 thousand tonnes of raw materials during the first nine months of the current year. In the same period in 2017, the production is growing at a rate of 19%. The refinery is now the longest factory in Romania. The domestic manufacturers of bitumen and hexane.
Petrovidia refineries (99.2%) and Vega refinery (126.8%) used 19% of the processing capacity up to 20%.
The petrochemical division made $ 165 million turnover in the first half of the year, up 23% over the same period in 2017. At present, polyporine in Romania is the only manufacturer of polyethylene.
The worst margin of the last seven years, adverse market conditions and high-cost raw materials (ethylene for polyethylene firms), suffered losses of 12.8 million dollars and 27.4 million dollars as a result of adverse results from January to September.
In this case, the company decided to maintain the HDPE Polyethylene plant. Completed in the first half of the year and completed testing test and tests (equipment, approvals, technical samples etc. verification).
The Romepetrol refinery compared its volume of 21% propylene and 11% ethylene through its petrochemical division compared to the volume in the nine months last year. The raw material of the polypropylene plant imports the time required for the petrochemical refinery, low density polyethylene plant (ethylene).
Total sales of polymer products increased by 15% to 156 thousand tonnes in the January-September period.
In 2017, the distribution sector expanded 33 percent during the period as international communications increased and the amount of products sold in domestic oil prices increased.
In the first nine months, the Euro diesel is set to be Euro 5 (638 dollars / tonne), 5% of euros (683 dollars / tonnes) and 28% third quarter fuel refinancing by 2017 on fuel prices It was higher than 31% petrol and 37.6% diesel.
At the same time, the US dollar (2.7% in the third quarter of 2017, 2.4% of the price control), 25.5% of the national production of petroleum corporation and 3% of gasoline. This is an excise duty of fuel. In 2017, it is gasoline for 15 percent and gas for 16 percent of gas.
IncomeTime Market has not fully reflected the improvements in fuel prices. T3 2017 increases in the third quarter of the year. 25.7% for diesel, 21.7% for petroleum.
Thus, the economic indicators from the first nine months distribution segment were EBITDA's performance, at $ 37.3 million, 21% less than last year, resulting in 16.8 million US dollars and net-down 59%.
The total sales of Robust Downstream will be increased by 1.69 million tonnes between January and September.
In the retail sector, the company has grown 2% 4 new stations, including the Rapepertrol Gas Station Rebranding Program and Auto LPG Distribution Points, continuation of optimization programs and reduction of operational expenditure.
As part of wholesale sales, the total capacity of 85 new fittings grew by 9 cubic meters in the first nine months of the channel, as a total of 17% over the last nine years.
At the end of September 2018, the distribution division of the Rospatroll Downstream includes 895 trading points (their own stations, partner stations, express stations and internal base). It increased to 102 units in September 2017.
Photo source and writing: Rompetrol Rafinare