MOSCOW (MRC) -- Production of finished goods from polymers in Russia decreased over the first nine months of 2015 by 4.4% year on year. The construction sector accounted for the greatest fall in the output, according to MRC.
The decline in the production of polymer goods slowed down in September, down by 4.4% year on year, whereas this figure was 5.1% over the first eight months of the year. A shortage and record high prices of several large polymers affected significantly the September production of polymer products. The film industry showed a positive growth in the output, whereas a slowdown continued in the construction sector.
According to the Federal State Statistics Service of the Russian Federation, the September output of plastic pipes, hoses and fittings dropped to 49,000 tonnes from 50,200 tonnes in August. The decrease in production was mainly caused by a shortage of polyethylene (PE) in the market, which led to a record level of prices. The overall production of these products from polymers totalled 344,400 tonnes over the first nine months of 2015, down by 16.1% year on year.
The last month's output of non-combined and non-reinforced films was reduced to 82,300 tonnes from 84,400 tonnes in August, partially because of the deficit in the low density polyethylene (LDPE) market. The overall production of these products totalled 815,800 tonnes from January to September 2015, up by 5% year on year.
Production of plates and porous sheets reached 22,800 tonnes in September versus 21,400 tonnes a month earlier. The output of plastic plates and porous sheets totalled 180,400 tonnes from January to September 2015, down by 1.7% year.
MRC