Russia polymers producers target imports substitution projects |
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MOSCOW (ICIS-MRC) -- Russia's major polymers producers have reiterated plans
to launch import substitution projects in coming years, at the Russian Polymers Summit
jointly held by ICIS and MRC in Moscow on
Wednesday.
Sibur is prioritising increased production of polymers as a
result of significant domestic market growth potential, as Russia still lags
behind developed nations in terms of per capita polymer consumption, said Sibur
president Dmitry Konov.
The company has ongoing projects to build new
facilities to produce polypropylene (PP) and polyvinyl chloride (PVC) that will
replace imports, Konov said in a televised message to the summit.
In 2013,
Sibur aims to start operations at its new 500,000 tonne/year PP facility that is
being built at the premises of its subsidiary Tobolsk-Neftekhim, said Sergey
Komyshan, the head of Sibur's polymers department.
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The construction of a new 330,000 tonne/year PVC plant at Kstovo in the
Nizhny Novgorod region is due to be completed by mid-2013, Komyshan told the
summit.
Russian oil major Lukoil is prioritising the development of its
petrochemical arm, said Alexander Rappoport, Lukoil's head of
petrochemicals.
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Lukoil aims to build a major gas-chemical complex to produce polymers in
the Stavropol region, relying on regional tax breaks, he told the summit.
The
complex, designed to utilise natural gas from Lukoil's offshore Caspian gas
fields, will include a gas processing plant and new polyethylene (PE)/PP
production facilities in Budyennovsk, near Lukoil's existing PE/PP plant. Lukoil
earlier estimated its cost at about $2.6bn (?1.95bn).
mrcplast.com
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