Chemical production in Russia grew by 6.9% in first four months of 2017

24 May 2017 10:34 Source:ICIS News

(recasts, clarifying 6th paragraph)

MOSCOW (MRC)--Russia’s output of chemical products increased by 6.9% in the first four months of the year, according to the latest data from the Russian statistical agency Rosstat.

According to Rosstat, last month’s production of basic chemicals grew by 5.2% from April 2016. Total production of key chemicals in the country grew by 6.9% in the stated period. Benzene and caustic soda accounted for the greatest increase in the output.

April production of ethylene was 234,000 tonnes compared with 268,000 tonnes in March, on the back of scheduled maintenance works at Kazanorgsintez and Stavrolen. Overall, over 1.0m tonnes of this olefin was manufactured in the first four month of 2017, up by 8.4% year on year.

Last month’s production of benzene dropped to 105,000 tonnes from 131,000 tonnes in March on the back of shutdowns at two productions. Overall output of this product exceeded 483,000 tonnes over the stated period, up by 12.5% year on year.

April production of xylenes was 43,600 tonnes, compared to 45,400 tonnes a month earlier. January-April output of xylenes was 190,200 tonnes, down by 4.6% year on year.

April production of sodium hydroxide (caustic soda) was 98,900 tonnes (100% of the basic substance), down 11.4% year on year. Overall output of caustic soda grew to 406,800 tonnes in January-April 2017, up by 9.6% year on year. In February 2016, due to force majeure for ethylene supply, SayanskKhimplast was forced to shut down its caustic soda production, the outage continued until July.

April production of mineral fertilizers was 1.757m tonnes (in terms of 100% nutrients), down 4.9% from the March level. Russian plants produced over 7.125m tonnes of fertilizers in the first four months of 2017, up by 7.4% year on year.

Production of all types of fertilizers increased, with potash fertilizers, the output of which grew by 14%, accounting for the greatest increase.

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

By Sergey Karaichentsev