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The Russian market of polymers grew by 1 mln MT

February 22/2011

MOSCOW (MRC) -- Capacity of the market of volume polymers (polyethylene, PVC, polypropylene, polystyrene and PET) in Russia grew last year by one mln MT and reached the level of 4.5 mln MT. Overall consumption of polymers in comparison to 2009 increased by 28%, according to MRC annual reports.

The market, in literal sense, jumped to the unpredicted level, thats why all our reports are united with the general visual idea of a jump. Frankly speaking, the received estimates may not fully correspond to the real situation in the market, and they need extra explanation. In our reports we will present our arguments, where such significant numbers came from, - said Olga Sinelnikova, the head of annual reports department, MRC. 

Polyethylene sales grew by 420 KT (or by 32%), PVS sales by 247.5 KT (34%), polypropylene - by 141 KT (22%), polystyrene 88 KT (29%), PET by 98 KT (22%). Now the average annual consumption of volume polymers by one Russian has reached its historical maximum and makes 32 kg/per.

A positive factor last year was the growth of overall domestic production of basic polymers by more than 500 KT. New capacities are launched in Salavat, Nizhnekamsk, Kazan and Perm. 

Despite a positive dynamics in polymers production the Russian market still depends on imports whose total volume exceeded 1.49 mln MT in 2010. Converters are forced to use 35% of imported polymers in their production. In  2010 in many directions record import indices were fixed: PE 457 KT, PVC 485 KT, PP 198 KT.

As we suggested a year ago (see news dated January 15, 2010), the creation of Customs Union has a considerable impact on the Russian market. In 2011 we expect non less significant changes connected with possible Russias joining WTO. In MRC annual reports there are several scenarios of the polymers market development in terms of WTO. The tags cloud for all reports is available below. The reports will be issued on March 20, 2011.

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