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 ||
 


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Key pointers from this month’s issue

Central Europe

  1. Central European petrochemical producer results were affected by higher crude prices in the first half of 2018, although PKN Orlen and MOL still both reported rises in net profits over the first half of 2017.  Orlen achieved a 20% rise in net profit in the second quarter to zl 1.74 billion, although overall for the first half of 2018 the net profit declined to zl 2.78 billion down from zl 3.46 billion in the same period in 2017. 

  2. Both Orlen and MOL are focused on the strategic development of petrochemicals over the next decade in place of fuels and energy products.  In the short to medium term, Orlen is close to completion of Unipetrol’s PE3 project at Litvinov in the Czech Republic whilst MOL is working on polyol projects and the development of propylene derivatives in Hungary. 

Russia & other markets

  1. Overall for the first half of 2018 production in the Russian chemical industry increased 4% against the same period in 2018.  Russian ethylene production rose slightly in the first half of 2018 to 1.522 million tons against 1.517 million tons in the same period in 2017, whilst propylene made much larger gains rising by 81,000 tons to 1.133 million tons.  Increases were recorded across the board for bulk polymers.  For the first six months, the production of bulk plastics increased by 5.1% compared to last year's figure and amounted to 4.1 million tons.

  2. Russia’s trade deficit in chemical products fell in the first half of 2018 to $10.2 billion from $10.9 billion in the same period in 2017.  The reduced deficit can be attributed to a number of factors such as increased domestic production in certain product areas and slow-moving activity in some sectors of chemical applications.  In polymers and rubber, Russia expects to increase export trade over the next few years as new capacity is introduced.  Much less change is expected in areas such as fine chemicals, etc.   

  3. Progress in construction of the ZapSibNeftekhim project had amounted to 83.5% by the end of June.  The design of the complex has been completed in full, whilst construction and installation works had achieved 75.7% of schedule.  Elsewhere in West Siberia, gas producer NOVATEK is considering the possibility of building a gas chemical complex in the north of Yamal based at the Sabetta port.  In the Russian Far East, the first large equipment delivery was received in July for the Amur Gas Processing Plant whilst Irkutsk Oil Company is progressing with plans to create a gas-chemical complex. 

  4. In December, a test production plant for calcium carbide is to be started at the idle Khimprom plant site at Volgograd and in the long term there are plans to produce methanol.  In other project news Kuibyshevazot and the Linde Group launched ammonia production at Togliatti in July, whilst Shchekinoazot is close to starting its new methanol/ammonia complex. 

  5. After the launch of the polypropylene plant at the new SOCAR Polymer division later in 2018, SOCAR could challenge other regional producers in the Russian polymer market.  The new polypropylene plant at Sumgait is the first of a significant strategic programme by SOCAR in petrochemicals.  In Central Asia after the start-up of the new BOPP plant in Turkmenistan a plant for BOPP film production is undergoing construction in Uzbekistan under the management of LG International. 

 



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