Index of Russia chemical production grew by 2.4% in January-August 2016

21 September 2016 11:14 Source:ICIS News

MOSCOW (MRC)--Russian companies managed to further increase the production of basic chemicals by 6.9% in August from July, while the production of basic chemicals increased by 2.4% in the first eight months of the year, according to the Federal Service of State Statistics (Rosstat).

In July this index was 0.5% compared with the June level. In April - June, the index of production of basic chemicals was negative. Thus, the growth of the production of basic chemicals was 2.4% in January-August of the current year.

August production of ethylene was 251,000 tonnes versus 193,000 tonnes a month earlier.

Low production of ethylene in July was a result of scheduled maintenance works at Nizhnekamskneftekhim and Tomskneftekhim, as well as a small power outage due to technical problems at Angarsk ZP.

Total production of ethylene in Russia in January-August 2016 exceeded 1,869 m tonnes, up 0.8% year on year.

August production of benzene grew 104,000 tonnes compared to 92,000 tonnes in July, which was also a result of the restart of production at Nizhnekamsk and Angarsk. Total benzene production over the first eight months of the year reached 794,800 tonnes, down 0.9% from the same period in 2015.

Russia’s production of xylols in August increased to 47,900 tonnes, compared with 46,100 tonnes in July 2016.

Production of xylols in January-August 2016 totalled 384,400 tonnes, up 3.8% year on year.

August production of sodium hydroxide (caustic soda) increased to 96,800 tonnes (100% of the basic substance) against 93,300 tonnes in July. SayanskKhimPlast provided this growth in production. Total production of caustic soda in Russia exceeded 738,700 tonnes in January - August of this year, up 0.2% year on year.

August production of mineral fertilizers was 1.708 m tonnes (in terms of 100% nutrients), up 3.9% from the July’s level. Russia’s production of mineral fertilizers in Jan-August 2016 exceeded 13.511 m tonnes, up 0.7% than in the same time a year earlier. Production of all types of fertilizers had grown, the exception was only potash production which decreased by 7.5%.

MRC, a partner of ICIS, produces polymers news and pricing reports from Russia, Ukraine, Belarus, Uzbekistan and Kazakhstan.

By Sergey Karaichentsev