Czech Unipetrol sees shutdown impact above $38 mln

...than last year's 800 million crowns ($37.61 million), Chief Executive Francois Vleugels said on Thursday.

"This year, they will be longer shutdowns, more complex, but better prepared," he told shareholders at an annual meeting.

"But the impact will be certainly higher than (last year's) 800 million crowns," he said.

He added margins and business environment remained solid in the second quarter after record profits in the first quarter.