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MOSCOW (MRC) -- Imports of general
purpose polystyrene (GPPS) and high impact polystyrene (HIPS) to the Ukrainian
market decreased by 16% over the first ten months
of 2014 and totalled 21,500 tonnes, according to ICIS-MRC ScanPlast
report.
Market players said buying activity remained very low in
the GPPS and HIPS markets in October. The overall October imports
of GPPS and HIPS to Ukraine totalled 2,100 tonnes versus
2,500 tonnes in September.
Nizhnekamskneftekhim remained the main
supplier of material for Ukrainian polystyrene (PS) converters.
Imports of Russian GPPS and HIPS of
Nizhnekamskneftekhim were 17,000 tonnes from January to
October 2014, down by 300 tonnes year on year. Styrolution is the
second largest PS supplier, its imports totalled
1,200 tonnes, down by 2 times year on
year.
The military actions in the east of Ukraine and the
general deterioration of macroeconomic figures in the economy have
negatively affected the consumption of material. Stirol (Gorlovka),
the only Ukrainian PS producer, continued to be idle. GPPS and
HIPS were not produced in Ukraine. The plant will not resume its
production this year. The plant is located in the disputed territory
between the conflicting parties. The infrastructure in the region
was significantly damaged, therefore, the launch of the plant in 2015
remains in question. |
