PRODUCTION & TRADING OF PETROCHEMICALS/CHEMICALS
ΗELLENIC PETROLEUM is the only petrochemical producer in Greece, with a market share exceeding 50%.
The Aspropyrgos refinery, through its splitter unit, produces propylene, which covers about 80-85% of the raw material needs of the Thessaloniki polypropylene plant. The Group’s petrochemical plant at the refinery of Thessaloniki also produces solvents and minerals, with its output being directed to the domestic and Mediterranean markets.
Based on its financial contribution, the propylene-polypropylene-BOPP value chain represents the main activity for petrochemicals. Export activity is particularly important, as approximately 70% of sales volumes are directed to Turkey, Italy, the Balkans and the Iberian where they are used as a raw material in a range of manufacturing applications.
The 100% HELPE owned subsidiary, DIAXON PLASTIC PACKAGING MATERIALS SA, is the only producer in Greece ofBOPP film, which is mainly used in the packaging industry. BOPP film sales are directed both to the Greek and the Mediterranean markets.
In 2019, polypropylene production, amounted to 246 kMt representing a historical high, combined with the record production of propylene from the Aspropyrgos refinery (201 kMt)
For more information: