MOSCOW (MRC) - Russian companies actively invested in the expantion of plastic pipes production in 2013. Their investments grew almost twofold in comparison with the level in 2012, reaching USD69 million against USD33.4 million a year earlier, according to MRC DataScope.
Traditionally, the biggest volume of investments occurred for the equipment for production of polyethylene (PE) pipes. The rapid growth of the plastic pipes market in 2012 made many companies in the last year actively invest in capacity expansion. According to Rosstat, pipe production in Russia in 2012 exceeded 707,000 tonnes, up 39% compared with the indicator in 2011.
Investments in equipment for the production of PE pipes in 2013 increased to USD43.8 million against USD21 million in 2012. The biggest purchase of equipment traditionally occurred for the industry leaders: Polyplastic, Techstroy, Pipelife Rus, Ujzhnuy trubnuy zavod, etc.
Investment in the production of pipes from polyvinyl chloride (PVC) in 2013, by contrast, fell to USD7.8 million. Among the key investors in this sector can be mentioned DKS, Chemkor, Polyplastic, Biplast (Belgorod).
MRC analysts expect investments in the production of plastic pipes to decrease further in 2014. The Russian market of plastic pipes in the past year decreased significantly, with total production dropped to 586,400 tonnes.
As a result, many companies will reduce incestments into capacity expansion. But at the same time, there are exceptions, for example, Polyplastic continues actively investing in the expansion of facilities for PVC pipes production.
MRC