MOSCOW (MRC) -- Russian manufacturers produced the record 85 kt of HDPE in August - according to MRC analysts.
HDPE production amounted to 63,56 kt due to technical problems with ethylene capacities in Salavat and Budennovsk. In August, Russian producers faced no trouble with HDPE production, which let them produce the record volumes of about 85 kt. Salavatnefteorgsyntez also produced the record 4 kt last month.
Despite the record production, Russian HDPE market faced serious shortage in late September. Russian polyethylene market experienced hard times in mid-September, when Kazanorgsyntez was shut down for maintenance, and Nizhnekamskneftehim switched to LLDPE production.
The improvement of the situation in the HDPE market should be expected no earlier than in H2 October, when polyethylene production is going to be resumed in Kazan and Nizhnekamsk.
Russian polymers market outlooks will be discussed at Russian Polymers Summit on October 14, 2010 organized by ICIS and MRC. For more information please refer to http://www.icisconference.com/russianpolymers/ Summit official web page.
MRC
More information about polyethylene market in Russia is available in MRC Monthly reports.