EPS imports to Russia to grow in November

MOSCOW (MRC) -- Temporary suspension of EPS production in Perm affected total imports. EPS supplies from external markets increased up to 12 KT in November, according to MRC DataScope. In October before a start-up of a new EPS production in Perm (Sibur-Khimprom) Russian companies considerably reduced total imports. It was expected that a new production would allow to reduce the dependence of the Russian market on imports. 

The capacities in Perm were launched but the production  was suspended almost at once because of technical problems.

Absence of enough offer of EPS from Russian producers was compensated immediately by supplies from China and South Korea. At the end of November EPS total imports to Russia grew up to 12 KT while in October it was about 10 KT.

On the whole at the end of eleven months total imports of EPS reached the level of 94 KT which was 24% more compared to the same data in 2009. Domestic production now provides about 20% of market needs. As informed before, during January-November Russian producers delivered about 23 KT.

For more detailed information about polystyrene market, see DataScope.

mrcplast.com