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PP market in Russia up 13%

June 10/2011

MOSOW (MRC) -- Over the five months of 2011, consumption of polypropylene (PP) in Russia  made about 330 KT which was 13% more than demand in the same period last year, according to MRC DataScope

The growth of PP market in Russia now is provided by growing imports. Over the five months of 2011, import supplies of PP made about 77 KT which was 42% more than those over the same period in 2010. Exports also reduced by 18 KT while last year it made 30 KT.

Expansion of PP processing was observed in 2011. According to MRC analysts, over the four months, overall growth of capacities made about 100 KTa. Mainly converters invested in expansion of IM capacities in packaging sectors. In the sectors of PP films and sheets, capacities increased by 45 KTa.

Among the biggest investors in equipment for PP processing in 2011 there are iPlast (Nizhnekamsk) and  Stirolplast who installed lines in PP sheets production. In the packaging sector, investments by Sholler Arka Systems should be mentioned. Producers of PP pipes also expand their capacities in 2011 up to 9 KT.

Detailed analysis on consumption, production, export-import of PP this year is presented in MRC report ScanPlast, detailed data on investments in equipment is available in EquiPlast.

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