MOSCOW (Market Report) -- Bashkir Soda Company had resumed its polyvinyl chloride (PVC) production after a scheduled turnaround by the beginning of this week, according to ICIS-MRC Price report.
The plant's representative said Bashkir Soda Company had brought on-stream its PVC production capacities after the scheduled maintenance by 29 July, 2019. The outage was short and lasted for only two weeks. The plant's annual production capacity is 240,000 tonnes.
It is also worth noting that a scheduled turnaround, which started on 7 July, at another Russian PVC producer - SayanskKhimPlast - is coming to an end. The maintenance works at the Sayansk plant with the annual production capacity of 350,000 tonnes are scheduled for 30 days.
As reported earlier, Bashkir Soda Company (part of "Bashkir Chemistry" group) received Rb11.5 billion of net profit under RAS in 2018, up by 6.6% year on year. The company's revenue increased by 11.9% to Rb44.5 billion, product cost - by 11.5% to Rb27.3 billion.
Bashkir Soda Company is Russia's largest producer of soda ash and baking soda and a major polyvinyl chloride (PVC) producer. It also ships production to glass industry enterprises. The main shareholders of the company are "Bashkir Chemistry" (57.18%) and the state investment company of Bashkiria "Regional Fund" (38.28%).
MRC