Market Dynamics

Capacity utilisation for PET production in Russia in November increased to 80%

Time: 2014-12-30 Source from: mrcplast
MOSCOW (MRC) - The average capacity utilisation for the production of bottle grade polyethylene terephthalate (PET) chips increased to 80% in November, the highest level since June this year. Russia"s production of PET chips was 40,600 tonnes in November, up 6% compared with the production in October, as per MRC ScanPlast. 
 
Russian PET producers SIBUR-PET, Senege and Alco-Naphtha slightly increased their production volumes in November. At the same time, Polief reduced its PET chips output by 4% in November, compared with the October level.
 
Production of bottle grades PET chips in Russia grew by 5% in the first eleven months of the year, compared to the same period a year earlier.
 
Polief significantly increased its PET production in January-November 2014. SIBUR-PET and Senege"s PET output over the reported period remained steady. At the same time Alco-Naphtha reduced its production of PET chips in the first eleven months.
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