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PP production in Russia increased over the 9 months by 11%

November 15/2011

(MRC) -- The Russian producers cut polypropylene (PP) output to 55,200 tonnes, due to scheduled turnarounds in October. In general, over the ten months, overall volume of polypropylene (PP) production increased by 11%, according to MRC ScanPlast.

In October, due to scheduled turnarounds of Nizhnekamsk and Budyonnovsk facilities, total volume of Russian production of PP decreased by 6% compared to September and made 55,200 tonnes.

PP production in Russia increased over the 9 months by 11%

In October, Ufaorgsyntez demonstrated a significant increase in production volumes. Following the results of last month, the company produced more than 11,000 tonnes of polypropylene.

There was reduction in production of copolymers of propylene. In September, overall output of propylene copolymers made 10,400 tonnes. In October, this index dropped to 8,600 tonnes.

In general, following the ten months, the total volume of PP production in Russia made 567,300 tonnes, that was by 11% more year on year. The production of block copolymers of propylene increased by 56%, stat-copolymer of polypropylene - by 15%.

Perspectives of development of polymer markets, pricing issues and other important aspects will be discussed at The Polymers Summit-2011, which will be held in Moscow on November 30, 2011 at the Ritz Carlton Hotel. The Summit will be organized by MRC with the support of ICIS. The main idea of the Summit is to find a "the golden mean" between producers and converters. When producers receive exactly such margin of production, which helps them to invest in production expansion in order to substitute polymers imports, and the converters receive such price of feedstock that helps them to compete imported finished products. The Summit site gives an access to the live video of the Summit, speakers" presentations, as well as opportunities to ask questions or make appointments to any Summit partcipant.

Tags:PP, PP-Impact, PP-Random, propylene.
Category:General News
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