MOSCOW (MRC) -- Сonsumption in extrusion polyethylene (PE) coatings sector mounted to 86 kt last year - according to
just published MRC Annual report.
Five out of seven PE processing sectors demonstrated downward trends in 2009. The exceptions were extrusion coatings (+51%) and extrusion blow molding sectors (+5%). ⌠Drop leaders are pipe extrusion (-32%) and cable extrusion sectors (-27%).
PE consumption growth rates in the extrusion coatings sector had been very high till 2007 inclusive(48% average). Contrariwise, that sector has been demonstrating downward trend since 2008 (-36%). Consumption in that sector was growing mostly due to imports. Share of HDPE used in this sector went up by 74%; though that of LDPE decreased more than 2 times.
PE demand in steel pipes coatings went up by 64% (to 68 kt) in 2009. Extrusion coatings sector is going to remain the key driver of PE market growth in view of resumed works on oil and gas projects (Eastern Siberia - Pacific-2 and Nord Stream). It will be followed by the cable extrusion sector; and the film extrusion sector will be the third attractive sector in the Russian PE market.
MRC
For more detailed information on processing capacities and polyethylene consumption in the context of sectors, markets and types of finished goods by each converter, please refer to ⌠Polyethylene - 2010 Annual report.