Lovineft is one of the leading petrochemical companies of Lovia and it is owned by Ecompany. Founded on April 3, 1965, the main plant complex is located in Sofasi. From 1985 on a second complex has been constructed in Newhaven. Those two are now the main locations. Specializing in petrochemical manufacturing, the company produces ethylene, polyethelene, polyvinyl chloride, polypropylene and other chemical building blocks for use in the manufacuture of plastics, textiles, and other consumer and industrial products, but also in the pharmaceutic sector. The company has a total of 6 manufacturing plants supplying a significant portion of petrochemicals used in the entire Lovian economy. The company also exports products to the United States and countries in Europe.