MOSCOW (MRC) - The Ecopet plant (Kaliningrad) has increased the volume of exports of polyethylene terephthalate (PET) compared to 2019 to 21%, despite the situation due to the COVID-19 pandemic and the slowdown in economic growth, Business Russia reported.
The plant produces 690 tonnes of PET per day, increasing productivity during a pandemic by 4.5%. The company's export destinations are spread all over the world and include the USA, Ukraine, Tajikistan, Serbia, Germany, Poland, Slovakia, Holland, Kenya, Cyprus and other countries.
Earlier it was reported that Ecopet has developed a new brand of polyethylene terephthalate (PET). Thus, Ecopet notes that it is developing promising directions and has released a new brand of polyethylene terephthalate - Ekopet 64 FG, which is suitable for the manufacture of BOPET films and can be used in the production of polyester fibers, from which, in turn, nonwoven materials for technical purposes are obtained.
According to the ICIS-MRC Price Report, tensions on the Russian PET market continue in early April. The deficit in the spot market for granules will remain in the current month. Producer Senezh reported no free material on the spot in April. Ecopet plant also noted the absence of spot volumes of granulate in the current month.
Ecopet JSC is the largest producer of polyethylene terephthalate in Russia and Eastern Europe. PET of the Ekopet trademark is intended for the production of food containers and packaging, various products for technical and household purposes. The construction of the enterprise began in 2007 with an initial design capacity for the production of polyethylene terephthalate (PET) equal to 220 thousand tons per year, and in February 2011 the plant was put into operation, the first batch of PET brand Ekopet was produced. In 2018, the plant reached its full production capacity, which now amounts to more than 660 tons of products per day or 240 thousand tons per year.
MRC