Russia ramping up domestic plastics production
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According to experts at Russia's Rossiyskay Gazeta business paper, last year the production of plastics in Russia decreased 6.4 percent compared with 2021 with the biggest
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In 2019, supplies of plastics and plastic products to Russia from China in physical terms increased by 19.3% to 795,000 tons, and in monetary terms, by 6.9% to $1.9 billion. 505,000 tons of
Recycling rate of plastic packaging waste in the European Union 2010-2022, by country Volume of production of plastics in primary forms in Russia from 2017 to 2022 (in
Russia Witnesses 11.3% Surge in Plastics Production Over
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Examining the broader landscape of the plastics industry in Russia, the earlier-reported 2.1% increase in production for the first nine months gains context against the
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- Who dominates the plasticizers market?
- The Plasticizers market is dominated by a few major players that have a wide regional presence.
- How much plastic is produced in Russia?
- The volume of production of plastics in primary forms in Russia has been increasing annually since 2017. Production of such plastics peaked in 2021 at over 11.1 million metric tons, increasing by 940 thousand metric tons from the year earlier. Get notified via email when this statistic is updated. You only have access to basic statistics.
- What are the major developments in the plastic industry?
- Opening of the sales office in Moscow. Development of a dealer network in Russia and the CIS countries. Expansion of the product portfolio to include polyethylene plastics. Expansion of the product portfolio to include polyurethane plastics. Opening of the first production facility. The development of industry-specific plastic compounds.
- Why is Russia investing $3 billion in polypropylene?
- Sibur, Russia’s largest polymer producer, plans to invest $2.5 billion to $3 billion in its polypropylene production project in Tobolsk at its Zapsibneftekhim LLC plant. Russia is ramping up domestic production of plastics thanks to recovering local demand and a significant drop of imports as the result of Western restrictions.
- How did Western sanctions affect Russia's plastics market?
- The imposed Western sanctions led to serious turmoil in the Russian plastics market. In general, the cessation of polymer trade with countries that joined the sanctions against Russia cost the country's economy 0.5 percent of GDP.
- Why do plasticizer prices fluctuate?
- Plasticizers are primarily made from petroleum-based raw materials, with significantly fluctuating prices due to geopolitical tensions, natural disasters, and changes in global demand. This volatility can significantly increase production costs and negatively impact plasticizer manufacturers’ profitability.