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GPPS imports to Russia grew by twice over the three quarters

October 21/2011
MOSCOW (MRC) -- Over the three quarters of 2011, the Russian companies increased  general-purpose polystyrene (GPPS) more than by twice compared to the same period in 2010, according to MRC DataScope.
GPPS imports to Russia grew by twice over the three quarters


Over the nine months of 2011, import supplies of GPPS to the Russian market made 32,600 tons, which was 113% more than supplies over the same period last year.


The main share of GPPS supplies in 2011 was from the South Korea (44%) and Belgium (28%). This year BASF increased supplies to the Russian market to 15,500 tons which makes 47% of total imports of the polymer.


The Russian market potential as well as competitive price from the foreign producers allowed to increase a share of imports in separate sectors of processing. 


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