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PIE 1115 of 24.01.2023
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Construction halt for major Russian plasticiser plant / Sanctions hurt exports / Sinopec supports Asian polymer sales
Petchem industry braces for tough times / Lack of European tech pressures ops / Shortages for some resins
Chevron Phillips to provide tech for KazMunayGaz PE plant / Plans for 1.25 mn t/y with HDPE / Concerns over possible sanctions against Sibur
Drop in Chinese imports worries Russian firms / Russia-Turkey trade perks up / Crises in related industries hinders domestic production
EU sanctions on feedstocks, resins slash Russian production / Industry source says half of methanol capacity offline / Logistics issues, discounts slow exports to Asia
Low demand slows polyolefin output / Lack of Western tech hurts resin makers / Price caps coming?
Net profit jumps in H1 / Discounted Russian crude bolsters operations / Ethylene output to increase / Contractor pulls out of Amur facility
UPDATE - RUSSIA
Polymer industry hit by weak demand / Downward price trend in July / Exports in disarray / Packaging, car sectors suffer
Price regulation seems to be having an effect / Sibur working on a substitute for import grades / Special focus on materials for packaging films and pipe extrusion / Western sanctions viewed as ‘sabotage'
Following sanctions, Russian petrochemicals group intends to increase exports to China and Vietnam
Attack on Ukraine has consequences for European polymer trade flows / Shortage of Russian material makes itself felt in Eastern Europe / Moscow plans polymer price regulation / Flagship projects on hold?
Russian sanctions delay investment plans with Sibur, threaten financing for Amur facility – report / Ethylene production rises 10% in 2021
Management board chair Konov quits over Russia sanctions / Ongoing cooperation with China
Company plans split into two units / Specialities to form new core / Divestment of standard chemicals seems likely
Business with Russia suspended / Plastics support record earnings in 2021 / Profits up sharply at Materials, Chemicals segments
Suspension of business activities in Russia / Hall in Düsseldorf for Ukrainian refugees / Start-Up Zone for new companies at K 2022
Consequences of war: Karpatneftekhim closes plants / Transport affected / Oil, gas, naphtha all up sharply / Polymer prices likely to react / Little local petchem capacity
1.9% stake bought by UAE's Mubadala / Restructuring after merger with TAIF
Marc Lahalle becomes new director of Russian PVC maker
Major producers partner to cut GHG emissions / Centralised development starts in 2023
Petchem ops to be merged with TAIF's / IPO delayed / Potential participation in Kazakh polyolefin projects
Russia April 2021: Clear upward trend for most types / Polystyrene at record high / Demand uneven in overall terms / Stagnating prices expected in May
Distribution of Sibur's rubber products in France, Iberia and Italy
Billions in petrochemicals investments seek to make country an export nation by 2025 / Nord Stream 2 as acid test / Domestic demand grows faster than polymer production
Changes in management / Previous MD of business and finance Petrov new head of plastics division
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© 2023 by Plastics Information Europe, Bad Homburg
Date of print: 30/01/2023
All rights reserved.