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Sales of polyethylene for extrusion coatings up 2 times

August 11/2010

MOSCOW (MRC) -- Polyethylene consumption in extrusion coatings sector amounted 86 kt last year, which is two times more than year 2008 volumes - according to published MRC Annual report.

Sales of polyethylene for extrusion coatings up 2 times

 

Last year wasn't the most lucky for polyethylene converters: sales decreased in five out of seven processing sectors. The "leaders" of sales decrease are pipe extrusion (-32%) and cable extrusion (-27%). Vice versa, in extrusion coatings sector polyethylene supply went up by 51%, and in blow moulding sector - by 5%.

 

Until 2007 inclusive, speed of polyethylene consumption growth in extrusion coatings sector was the highes(48% annually). In 2008 this sector, vice versa, showed the most serious fall (36%).

 

In 2009 market recovery is connected with the increase of steel pipes production. In this sector polyethylene sales went up by 64% (to 68 kt). Oil and gas projects, especially ESPO, ESPO-2 and Nord Stream

 

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More detailed analysis of polyethylene processing capacities and consumption by sectors, markets, types of finished goods and converters is availamble in "Polyethylene in Russia - 2010" Annual report.

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