MOSCOW (MRC) -- Overall output of chemicals increased in the first eight months of 2017 by 5.5% year on year, despite lower production in May,June and August, according to Rosstat.
According to the Federal Service of State Statistics, last month's production of basic chemicals decreased by 1.6% year on year. However, the high growth rates in the previous months of the year provided for the increase of 5.5% in the output of basic chemicals in January-August 2017.
August output of ethylene was 228,000 tonnes, compared to 219,000 tonnes a month earlier, lower production in July was caused by a scheduled shutdown for maintenance at Gazprom neftekhim Salavat. Overall, over 1.97 m tonnes of this olefin were manufactured in the first eight month of 2017, up by 7.6% year on year.
Last month's production of benzene grew to 110,000 tonnes from 99,600 tonnes in July on the back of shutdown at Gazprom neftekhim Salavat. Overall output of this product exceeded 912,400 tonnes over the stated period, up by 9.1% year on year.
August production of sodium hydroxide (caustic soda) were 96,500 tonnes (100% of the basic substance) versus 87,700 tonnes a month earlier. Low production volumes in the last two months of the summer was a result of the planned shutdown for the maintenance works of Bashkir Soda Company and SayanskKhimPlast. Overall output of caustic soda grew to 802,000 tonnes in January-August 2017, up by 8% year on year.
Last month's production of mineral fertilizers was 1.86 mln tonnes (in terms of 100% nutrients) versus 1.77 mln tonnes in July. Nevertheless, Russian plants produced 14.6 mln tonnes of fertilizers in January-August 2017, up by 9.8% year on year. Production of all types of fertilizers increased, with potash fertilizers, the output of which grew by 15%, accounted for the greatest increase.
MRC