MOSCOW (MRC) - Investment in imported equipment by Russian PET converters (preforms processing) fell to USD8.86 mln, down 68% year on year (USD27.6 mln), according to MRC Annual Report "PET in Russia - 2016".
Investment activity in the Russian PET market in 2015 has subsided. However, despite a significant devaluation and a general decline in the consumption of PET chips in Russia there were companies, which import new lines and invest in the expansion of their production. Among the importers of equipment in 2015 marked were such processing companies as Alpla, APG Eastern Europe, Ada-Uralplast, UMA-PET and others.
The main supplier of equipment to Russia remains the world leader in the production of injection moulding machines - Husky. However, in 2015 the import of equipment from this producer has fallen by almost 10 times. The total investment in Husky machines in 2015 reached USD1.26 mln.
Also the Russian market enetered the lines by the production of Netstal Maschinen, Sipa, Demark Machinery, Negri Bossi and others.
For more information about the companies, expanded capacities in the past year, as well as the PET market dynamics and forecast of the industry can be found in MRC Annual Report "PET in Russia - 2016".
According to the MRC, total investment in the processing of PET preforms in Russia were USD253.67 mln over the past 10 years since 2005.
The peak of investment activity in the injection moulding lines occurred for 2006, when in the foreign equipment was invested USD46.61 mln.