PVC-S imports up 7 times in Russia

MOSCOW (MRC) -- Over the course of January - May 2010, PVC-S imports in Russia went up over 7 times (to 80,8 kt) compared with same period last year - according to MRC DataScope report.

Strengthening demand on the part of converters was the reason of a serious increase in imports.

In May, PVC-S imports moved at a record level of 27,5 kt. Russian companies increased purchases of imported grades for profile extrusion 30% (to 23,8 kt), comparing with April. Major volumes in the profile sector were imported from China (61%); feedstock from Taiwan and Hungary was imported, as well.

MRC

For more detailed information about PVC-S imports in Russia, please refer to MRC DataScope report.

Formosa No. 1 naphta cracker force majeur

(plastemart) -- A fire caused by a possible leakage at a distillation tower has forced a shutdown at Taiwan's Formosa Petrochemical Corp's 700,000 tpa naphtha cracker. The fire is currently under control, and there were no fatalities, but it has affected other units in the facility, including a unit that produces pygas. Rectification of the problem could take at least one month.

Formosa's two other crackers are not affected and are still operating at full capacity. However, Formosa will need to re-examine dates of planned maintenance at its No. 2 cracker with a capacity 1.03 mln tpa scheduled from August 20 for 30-40 days.

MRCMRC Reference Formosa

The share in the Russian market in 2008:
PVC-S - 3.0%;

PP - 0.4%.

Annual growth sales in Russia :
PVC - 79 % (over the last year) ;

PP - 272 % (over the last 3 years).

Supply by processing technologies:
profile extrusion

film extrusion

Major repairs at "Ethylene-Polyethylene" plant commencing

(1news.az) -- Scheduled maintenance at plants being part of Azerkimia and Azerbaijan State Oil Company started. Today, major repairs have started at ⌠Ethylene-Polyethylene plant, and will be carried out at all the plant's units.

The most qualified maintenance crew from Ethylene-Polyethylene, Orgsyntez, Surfactant and Sumgayt Mechanical-Repair Works have been involved into repairs.

MRC

Kazanorgsyntez to negotiate lower ethane price

(Kommersant) - Having secured cancellation of ethane supply scheme from Gazprom, Kazanorgsyntez opened negotiations to revise pricing scheme with the Monopoly. At present, feedstock is 2 times odd more expensive for Kazanorgsyntez than it is globally. Gazprom representatives say they are ready to consider their partner's proposals.



TAIF President claimed that Kazanorgsyntez is planning to ⌠raise supply of ethane-based feedstock to 2 mln. tpa.



MRC
MRC Reference

Leader in polymers processing technologies:
film extrusion;
pipe extrusion;
EBM;
injection molding.


Wuhan Petrochemicals to invest Yuan 4 bln in its new ethylene project

(plastemart) -- Wuhan Petrochemicals is to complete the construction of an 800,000 tpa ethylene plant by end of 2012. The company plans to invest 4 billion Yuan in 2010 in its new ethylene project, to be spent in construction of infrastructure and utilities like water supply, electricity, roads and other facilities.

As announced before (see mrcplast.com from July 2, 2010), the completion of Wuhan project had been scheduled for 2013.

MRC