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GPPS and HIPS imports to Russian market rises by 20% in Jan-Oct 2019

November 20/2019

MOSCOW (MRC) -- Overall imports of general purpose polystyrene (GPPS) and high impact polystyrene (HIPS) to Russia rose in the first ten months of 2019 by 20% year on year to 41,100 tonnes, according to MRC"s DataScope report.

This figure was 34,200 tonnes in January-October 2018.

European materials of Styrolution, Versalis and Trinseo accounted for over 90% of HIPS shipments and 60% of GPPS deliveries. Iranian GPPS of Petropaak and Artan Petro accounted for about 12% of the total imports. Imports of Iranian material fell by 3 times in September, there were no shipments in October at all.

At the same time, GPPS and HIPS imports to the Russian market dropped by 30% in October, totalling 3,600 tonnes versus 5,100 tonnes in September 2019. Imports of material into the country were 3,400 tonnes in October 2018.
Author:Margaret Volkova
Tags:Europe, PS, GPPS, HIPS, Styrolution, Trinseo (Styron), Versalis, Iran, Russia.
Category:General News
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