In August imports of polyolefins to Kazakhstan reduced by 25%

MOSCOW (MRC) -- In August imports of polyethylene (PE) and polypropylene (PP) to Kazakhstan reduced by 25% on the back of the limited offer in the external markets, as MRC analysts inform. In August overall imports of PE and PP to Kazakhstan made about 11,200 tonnes compared to 14,900 tonnes in July. The reason for such a serious decrease of imports was a limited offer of polyolefins in the external markets, in particular, from the Russian and Middle Eastern producers.

Referring the brands of polyolefins, overall imports of high-density polyethylene (HDPE) decreased to 8,500 tonnes compared to 11,600 tonnes in July. The main decrease of imports to 650 tonnes (compared to 2,100 tonnes in July) fell at pipe HDPE from the Middle Eastern producers.

External supplies of low-density polyethylene (LDPE) and linear low-density polyethylene (LLDPE) reduced to 1,400 tonnes against 1,600 tonnes in July. Reduction of imports has been stipulated by a low demand for finished films in the domestic market, in particular, shrinkable films (on the back of a bad weather).

August imports of PP reduced to 1,300 tonnes against 1,800 tonnes in July. PP supplies from Russia decreased by twice - because of the deficit in the domestic market Russian producers reduced their export quotes.

MRC

MOSCOW (MRC) -- Yesterday Ufaorgsyntez was forced to suspend polypropylene (PP) production. Suspension will take not more than three days, ICIS-MRC Price reports informs.

On 1 October, Ufaorgsyntez suspended polypropylene production. It is caused by interruption in supplies of the feedstock - propane-propylene fraction. As the sources in the company inform, suspension will take about three days.

The annual PP capacity at Ufaorgsyntez makes 100,000 tonnes. In January-August the plant produced about 80,000 tonnes of PP.

As we informed before, because of the lack of the fraction, Poliom was forced to shift the terms of the restart of PP production. On 1 September, Omsk producer suspended its capacities for a two week maintenance. Though on the back of limited feedstock, the restart is expected only this week and with incomplete capacities utilization.

MRC

MOSCOW (MRC) -- BASF announced the successful closing of the transaction to divest its subsidiary Industrial Water Management France SAS headquartered in Lyon, France to Degremont, a subsidiary of Suez Environnement.

Suez Environnement is a strategic partner to further expand the service-oriented Industrial Water Management business and gives the IWM employees a long-term perspective.



BASF’s Water Solutions business remains focused on offering a comprehensive and in its industry unique range of water treatment chemicals and membrane filtration technology for the industrial and municipal waste water treatment sector, “We continue to create chemistry that is tailored to our water industry customers,“ said Matthias Halusa, Vice President of BASF’s Water Solutions business.



BASF is the world’s leading chemical company. Its portfolio ranges from chemicals, plastics, performance products and crop protection products to oil and gas.

MRC

MOSCOW (MRC) -- In August production of PET chips in Russia fell by 32% compared to July and made 29,700 tonnes, MRC ScanPlast informs.

Yet in July the Russian plants demonstrated record PET output. In general, in July Russia produced 42,000 tonnes of the chips. The situation changed in August. The fall of PET production was caused by the suspension of two Russian plants. These unscheduled suspensions on the back of a high demand resulted in PET deficit in the spot market.

On 6 August Senezh (Solnechnogorsk) declared a force-majeure. Because of the breakage, Senezh didn't produce chips over 20 days. Over the reported month Bashkir Polief also significantly decreased capacities utilization.

If in July overall PET capacities utilization in Russia reached 100%, in August overall capacities utilization of the industry fell to 68.5%.

In January-August Russia produced 304,000 tonnes of bottle brands of PET that equals the figures over the same period in 2012.

MRC

MOSCOW (MRC) -- In August Kazakh converters significantly reduced imports of polyvinylchloride (PVC). Total index of external supplies decreased by 36% compared to July, as MRC analysts inform.

A weak demand for the finished goods out of PVC and excessive imports over the previous months made Kazakh companies considerably reduce purchases in August. Imports of PVC reduced to 2,200 tonnes compared to 3,400 tonnes in July.

Despite a weak demand for the finished goods out of PVC, local companies significantly increased PVC imports over the two months of the summer. In June-July import supplies made 4,000 tonnes and 3,400 tonnes correspondingly compared to 2,700 tonnes and 2,900 tonnes last year. As a result, large inventories of the finished goods and feedstock made local companies in August decrease imports.

Over January-August total imports of PVC to Kazakhstan made about 18,500 tonnes compared to 16,200 tonnes over the same period in 2012.

MRC