# HIP-Petrohemija plans new polypropylene factory worth EUR 150 million

HIP-Petrohemija a.d. Pancevo has opened a tender for technical documentation for a new polypropylene factory in Pancevo, Serbia, with a projected capacity of either 140,000 or 240,000 tons per year. The project is valued at EUR 150 million.

- Type: New facility
- Announced: 2024-05-27
- Where: Pancevo, Serbia
- Value: $162.0M (150.0M EUR)
- Status: announced
- Capacity: 140,000 or 240,000 tons per year
- Products: polypropylene
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [HIP-Petrohemija](https://endata.com/companies/77657.md)

## Sources

- [ekapija.com](https://www.ekapija.com/en/news/4714159/petrohemija-pancevo-to-launch-project-of-construction-of-new-polypropylene-factory-worth), 2024-05-27: "The capacity of the new factory will be chosen, as added, before the beginning of the FEED phase of the project, that is, in the fourth quarter of this year."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.