MOSCOW (MRC) - Russia's investments in processing capacity of polypropylene (PP) reduced to USD132.4 mln in 2015, down 19% year on year. Investments into injection moulding equipment reduced significantly, while demand for film equipment has grown, according to the MRC Annual Report "PP in Russia - 2016".
The peak of investment in equipment for PP processing over the last nine years occurred for 2013, after which Russian companies' investments significantly reduced. According to the MRC, Russian companies in 2015 imported 94 lines of equipment for PP processing worth of USD132.4 mln, while a year earlier it was 128 production lines at a cost of USD163.8 mln. The main decrease in investments accounted for producers of injection moulding products, while the purchases of film equipment grew.
Russian companies imported 4 lines for film PP production on the cost of USD97 mln, while in 2014 it was imported 5 lines worth of USD57.8 mln. Such a serious increase in investments in the production of film products resulted from the procurement of two lines for the production of BOPP films by Vaterfoll Pro.
Last year, Russian companies imported 31 lines for the production of polypropylene products made by injection moulding method totalling USD17.2 mln. A year earlier the figure was 67 lines totalling USD77 mln. Among the companies, which last year spent on the expansion of their capacities, it should be noted: OZPI Alternative, Source +, Tyumen Accumulator Plant, AtsumitekToyota Tsusho Rus, Autocomponent Plant, Aileron Poliform and others.
In 2015, investments in equipment for the production of PP pipes decreased to USD3.4 mln, with 22 lines imported. In 2014, for the purchase of this type of equipment reached around USD3.6 mln, with 17 lines delivered. Among the companies, which in 2015 continued to expand their capacity for production of PP pipes should be noted: Rosturplast, Holding-Plastpolymer, C-Plast and others.
Russian companies in 2015 bought 8 lines for the production of yarns and fibres worth of USD3.8 mln, while a year earlier the figure was 7 lines totalling USD4.4 mln. The following companies purchased new equipment: Bemholding, Polymer-Kuzbass, Belka and others.
MRC