SIBUR-associated & natural gas prices - Issue 316 || PKN Orlen energy - Issue 323 || PDH Polska-polyppropylene project - Issue 323 || Unipetrol’s investment into polyethylene - Issue 323 || Ciech-polyolefin trade based on Iranian supply - Issue 323 || Grupa Azoty-new polyamide plant start-up - Issue 323 || BorsodChem-new chlorine plant - Issue 323 || Russian chemical production, Jan-Aug 2017 - Issue 323 || Russian chemical trade balance - Issue 323 || Delivery of equipment to ZabSibNeftekhim-August 2017 - Issue 323 || SIBUR-ethane for Amur Gas-Chemical Complex - Issue 323 || VNHK-Saipem - Issue 323 || Rosneft, three cluster approach for petrochemical investments - Issue 323 || Tatarstan-ethane expansion for Kazanorgsintez - Issue 323 || Russian ethylene production Jan-Aug 2017 - Issue 323 || Russian propylene exports, Jan-Aug 2017 - Issue 323 || Russian propylene sales Jan-Aug 2017 - Issue 323 || Russian styrene sales Jan-Aug 2017 - Issue 323 || Russian HDPE production, Jan-Aug 2017 - Issue 323 || Russian polypropylene, Jan-Aug 2017 - Issue 323 || Russian PVC, Jan-Aug 2017 - Issue 323 || Russian polycarbonate, Jan-Aug 2017 - Issue 323 || Russian paraxylene, Jan-Aug 2017 - Issue 323 || PTA imports, Jan-Jul 2017 - Issue 323 || Russian MEG, Jan-Aug 2017 - Issue 323 || Russian benzene production, Jan-Aug 2017 - Issue 323 || Russian benzene sales, Jan-Aug 2017 - Issue 323 || Russian orthoxylene sales, Jan-Aug 2017 - Issue 323 || Russian orthoxylene exports, Jan-Aug 2017 - Issue 323 || Russian phenol production, Jan-Aug 2017 - Issue 323 || Russian C4s, Jan-Aug 2017 - Issue 323 || Kazan Plant of Synthetic Rubber-silicon project - Issue 323 || Russian synthetic rubber producer news - Issue 323 || Russian methanol exports, Jan-Aug 2017 - Issue 323 || Russian methanol domestic sales, Jan-Aug 2017 - Issue 323 || Metafrax-Casale, 2 October 2017 contract - Issue 323 || Gazprom-gas supply agreements for methanol and fertiliser projects - Issue 323 || Yatek methanol project-Japanese involvement - Issue 323 || Russian butanol production, Jan-Aug 2017 - Issue 323 || Saratovorgsintez-acrylamide project - Issue 323 || Calcium hydroxide Novocheboksarsk - Issue 323 || Ukrainian polymer imports, Jan-Aug 2017 - Issue 323 || Karpatneftekhim restarting export activity - Issue 323 || SOCAR completes overhaul of cracker and polyethylene plant - Issue 323 || SOCAR-chemical exports, Jan-Sep 2017 - Issue 323 ||
 


CIREC Data

Latest Data Available from CIREC

Country Product Category Period
Russia Propylene Production Jan-Dec 17
Russia Propylene Exports Jan-Dec 17
Russia Propylene Domestic Sales Jan-Dec 17
Russia TDI Imports Jan-Nov 17
Poland Propylene Production Jan-Dec 17
Serbia Methanol Exports Jan-Oct 17
Ukraine Polyethylene Imports Jan-Dec 17
Azerbaijan Methanol Production Jan-Dec 17

Replacing chemical imports in Russia

Although import values of chemical industry products continue to rise, Russia has made considerable progress in certain product areas.  Domestic production of catalysts and additives in the past three years have reduced the dependency on imports quite significantly.  Across the spectrum of the industry, however, progress remains restricted to a number of factors of which the most important is finance.    The financial collapse of the project at Kazan company set up for a 40,000 tpa plant for methylchlorosilanes, which would have been the first of its kind in Russia, reflects the difficulties of implementing expensive plans and the difficulties in borrowing.  In the Kazan case, the dramatic rise in project costs following the significant fall in value in the rouble in 2014 caused the bankruptcy of KZSK-Silicon, taking the local bank Spurt with it. 

The weaker rouble since 2014, principally the result of Russia’s foreign adventures, was supposed to provide a stimulant to domestic chemical engineering, but there is little indication that this is happening.  In terms of financial backing the only source for Russian projects that could constitute a full-fledged competitor to the mechanism involving foreign finance is the National Welfare Fund.  However, the fund's resources are inaccessible to a wide range of projects and investors because of the specific conditions for their distribution.

Some of the challenges to increasing the diversification of chemical products are surmountable, such as overcoming problems with raw materials, quality, service and innovations, etc.  The key problem is the virtual impossibility to borrow in Russia for a large capital-intensive project.  Moreover the slow process of  implementation in Russia mean that original project cost estimations can rise sharply, thus rendering the project impractical.  Examples of such projects include the Novy Urengoy polyethylene plant, which seems destined never to start, and of current day plans the Ivanovo Polyester Complex which is facing delays and doubts.   



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