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SIBUR-Khimprom reduced October EPS prices for Russian market

October 08/2019

MOSCOW (MRC) -- SIBUR-Khimprom has generally reduced its expandable polystyrene (EPS) for October shipments to Russian customers by Rb1,500/tonne, according to ICIS-MRC Price report.

Thus, October prices of material were at Rb105,000-110,000/tonne CPT Moscow, including VAT, for the Russian market this month.

Meantime, the Russian producer maintained its September EPS prices at the level of August - Rb106,500-111,500/tonne CPT Moscow, including VAT.

At the same time, demand for EPS increased in the domestic market, but overall, it was weaker year on year.

SIBUR-Khimprom (part of SIBUR Holding) specializes in the processing of liquid hydrocarbons and is one of the leading Russian producers of a number of the most important petrochemical products. The company has three main production capacities: production of butyl alcohols and 2-ethylhexanol with a capacity of 160,000 tonnes per year, production of ethylbenzene (220,000 tonnes per year), styrene monomer (SM) production  (135,000 tonnes per year) and polystyrene (PS) production (100,000 tonnes per year), ethylene and propylene unit, production of eco-friendly plasticizer DOTF (100,000 tonnes per year).
Author:Margaret Volkova
Tags:PS, EPS, SIBUR-Khimprom, Russia.
Category:General News
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