MOSCOW (MRC) -- Over the first five months of 2011, Russian companies invested in plastics processing equipment USD 175 mn, which equals to the total sum of investments over the last year period, according to MRC DataScope: Equipment.
"After rather slow expansion during the previous two years, this year the situation looks quite promising," commented Olga Sinelnikova, MRC analyst. "Total capacity growth for January-May 2011 made around 300 KTa," she added.
Investments in injection molding equipment reached USD 75.5 mn. USD 14 mn was invested in PET preform production. Foreign producers of electrical goods, such as LG Rus, Bosch und Siemens, Samsung Electronics RUS Kaluga, Beko, Vitek, continued to expand their capacities in Russia. Healthy investment activity was also observed among producers of packaging, automotive parts, and household goods.
In the pipe extrusion sector investments were USD 34 mn, which is twice as much as over two previous years. The largest capacity growth (+ 56 KTa) was achieved by producers of PE pipes, while last year PP pipes sector was holding a leading position. Tekhstroy and Polyplastik became this year's leaders in investments in pipe extrusion.
"Energy saving will be a key factor in the development of polymers market over the next decade," said Olga Sinelnikova. As an example, she cited investments in XPS panel production. In 2011, total sum of investments went far beyond the most optimistic expectations (USD 26 mln, as against USD 2.5 and USD 5 mln in 2009 and 2010, respectively). Tehnolog Group and Technonikol Group are heading the list of the largest investors.
A detailed analysis of capital expenditures on plastics processing equipment by technologies, sectors, end products, equipment suppliers and converters can be found in MRC DataScope: Equipment.
TOP-20 rating of investors in plastics processing industry is shown in Table 1. The rating of equipment suppliers is shown in Table 2.