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ABS resins consumption in Russia to reach historical peak

January 24/2011
MOSCOW (MRC) -- ABS resins consumption in Russia over 2010 made 51 KT which was 70% more compared to 2009, according to MRC Annual report. Previous historical peak in ABS resins consumption at the level of 47 KT was registered in 2007. In 2010 this index increased by  8%.
ABS resins consumption in Russia to reach historical peak


Only 25% of consumed materials fall at single domestic producer of ABS resins Plastik, Uzlovaya (Group of companies SIBUR). The deficit of materials in the market - 37.5 KT was compensated by import supplies.


More than 50%  of imported ABS resins in Russia fall at South Korean materials (Samsung and LG Chem). In 2010 consumption of materials from these producers doubled to 20 KT. Main volumes of supplies referred to the sector of electrical goods and car components.


According to Federal State Statistics Service data over January-November 2010, production of  electrical goods, electrical and optical equipment compared to the same period in 2009 increased by 33.5%, while production of vehicles and equipment up in 2.8 times.


More detailed analysis of  production capacities and PS consumption by types, technologies and sectors for each producer is shown in the MRC Annual report PS and Styrene resins in Russia 2010.


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