14 October 2010 11:06 [Source: ICIS news]
MOSCOW (ICIS)--Russian protectionism which aims to shield domestic polymer producers is in fact damaging local polymer converters, said a senior SABIC executive on Thursday.
Making imported polymer more expensive for Russian converters than for those in other Former Soviet Union (FSU) countries like the ?xml:namespace>
This would eventually be to the detriment of domestic polymer producers, he said.
“It can harm the one you want to protect,” he added.
Drummen said he was hopeful that
The question of the public image of plastics was also something which the Russian industry would need to address.
It was not currently a hot topic in the region, but the public needed to be educated about plastics collection and recycling before supermarkets started to look at product substitution.
“Plastics are too valuable to throw away … they should be used twice,” he said.
“We should care about the image of our industry if we want to be there in 2030,” he added.
To discuss issues facing the chemical industry go to ICIS connect
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections