CHINAPLAS ’12:Tobolsk-Polymer plans PP production for 2013
20 April 2012 06:06 [Source: ICIS news]
SHANGHAI (ICIS)--?xml:namespace>Russia’s Tobolsk-Polymer plans to build a 500,000 tonne/year polypropylene (PP) project which is expected to begin production in end 2013, a source from the Basic Polymers Team of Sibur International Trade (Shanghai) said on Friday.
The plant at Tobolsk in Tyumen Oblast, Russia, will be the country’s largest polypropylene manufacturer when it comes on-stream, the source added, speaking at Chinaplas, a four-day exhibition in Shanghai, which closes on 21 April.
The facility will mainly supply to Russia and China, with more than 50 % of the supply going to the Chinese market, according to the source.
He explained that Russia would be a smaller market because while Russia has oil and gas resources, the country is not prioritising the petrochemical industry as one of the industries for development.
Thus the scale of Russian’s polymer market is relatively small and polymer consumption level is lower as well, the source added.
Tobolsk-Polymer is a subsidiary of SIBUR, a leading petrochemical company in Russia and Eastern Europe.By: Rain Dong
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