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ABS imports to Russia down by 16% in Jan 2020

March 04/2020

MOSCOW (MRC) -- Overall imports of acrylonitrile-butadiene-styrene (ABS) to the Russian market decreased in the first month of 2020 by 16% year on year to 2,300 tonnes, according to MRC"s DataScope report.

This figure was at 2,750 tonnes in January 2019.

Imports of material dropped by 6% from 2,440 tonnes a month earlier.

ABS imports to the country have continued to decline for the third month in a row.

South Korean companies LG Chem and Lotte Advanced accounted for more than half of the country"s ABS imports. Lotte Advanced increased its shipments of material in January 2020 by 3 times year on year, whereas LG Chem reduced them by 3%.

Styrolution and Trinseo shipped the bulk of European ABS.  The share of their deliveries in the total imports fell to 18% in January 2020 from 40% a year earlier. Trinseo"s imports of material accounted for the greatest reduction - shipments fell by 4 times.
Author:Margaret Volkova
Tags:Europe, PS, ABS, Advanced Petrochemical Company, LG Chem, Lotte Chemical, Styrolution, Trinseo (Styron), Russia, South Korea.
Category:General News
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