The living history of the Romanian refining industry
Vega, located in Ploiesti, Prahova, is the second refinery of KMG International and operates in an integrated system with Petromidia refinery.
Built in 1905, this is the longest standing local refinery, with over 110 years of experience. It has played a complex role from its very beginning, acting as a specialized link between other refineries in Romania.
Vega has evolved from a classic refining unit to a producer and supplier of special products obtained exclusively from blanks supplied by Petromidia.
Vega Refinery is the only producer of normal hexan and bitumen in Romania
Having an installed processing capacity of 350,000 tons/year, Vega operates in a very efficient system with Petromidia. It uses different types of raw materials from Petromidia to produce special products with a high added value: solvents, heating oils, bitumen, and additives for a variety of industries (chemical, petrochemical and rubber processing industry, food industry and others).
Vega has a history of over 90 years in producing bitumen for roadworks, with the first installation built in 1927. In 2007 a new installation was completed, for bitumen enhanced with polymers that give it improved elasticity, wear and temperature resistance and a lifespan increased by 50%.
The overall quantity of feedstock processed at Vega Ploiesti refinery from 1906 to 2017 amounted to 68 million tons, with a maximum of 1.13 million tons reached in 1979 – the moment Petromidia Navodari refinery was commissioned.
The niche products manufactured at Vega Ploiesti reach Hungary, Egypt, India, Pakistan, Czechia and Germany.
Results 2018In 2018, Vega refinery intends to reach a level of 387,000 tons of processed raw matters, on the increase by approximately 4% as compared to the volume recorded in 2017.
Read the T1 results press release.
Read the S1 results press release.
Key figures for 2017
Key figures for 2016