Market Dynamics
PET production in Russia decreased by 9%
Time: 2014-01-22 Source from: mrcplast.com
MOSCOW (MRC) -- Production of PET chips in Russia decreased by 9% to 377,300 tonnes in the first eleven months of the year, compared to the same period a year earlier, according to MRC ScanPlast.
November was no exception in the chain of shutdowns at Russian PET productions, which had begun in August 2013. Senege did not produce PET in November. Alco-Naphtha shut it PET production on 11 November.
At the same time, Russia"s production of PET increased by 8% to 23,600 tonnes in November, from the October level. Production rates at Russian plants remained very low despite a slight increase in November compared with October level. According to MRC average capacity utilisation of Russia"s PET production in November was 54.5%.
Alco-Naphtha and Senege resumed their PET production in the first half of December, following scheduled shutdowns for maintenance works and force majeure respectively.