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SIBUR-Khimprom reduces December EPS prices for Ukrainian market by USD95/tonne

December 06/2019

MOSCOW (MRC) -- SIBUR-Khimprom has sharply reduced its expandable polystyrene (EPS) prices for December shipments to Ukrainian buyers, according to ICIS-MRC Price report.

Thus, the reduction in prices of standard grades of material is USD95/tonne.

Thus, December prices of material for the Ukrainian market were at USD1,125/tonne FCA Voronezh, excluding VAT, this month.

Prices dropped not only for December shipments, but also for quantities that were delivered to Ukrainian customers in the last week of November. Some customers already received EPS at new prices at the end of last week.

Import prices of Russian EPS have fallen to the lowest level for all purchases of Russian material by Ukrainian buyers since 2012. Purchase prices of such material, including delivery to a converter"s warehouse, will be about UAH36,500/tonne CPT Kiev, including VAT, on the back of the strengthening of the hryvnya exchange rate against the dollar.

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, Ukraine.
Category:General News
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