The Russian petrochemical industry in recent years has seen its competitiveness in many products increase on the back of an advantageous feedstock position and higher international prices. At the same time, the domestic demand in Russia has continued to grow strongly, and this has led to Russia swinging from a net exporter to importer for some key petrochemicals and polymers. During the period of economic reforms the largest production cutback was seen in petrochemical industry. The peculiarity of the industry lies in the fact that complete production cycle from raw materials to finished products consists of numerous stages and technological conversions, moreover the higher technological conversion is the more growing profitability becomes. Thus, the cost of finished goods may be 100 times higher than the production of the first technological conversion.
The development of fuel and energy complex process industries is under the individual President’s control, and one can expect that in the near future Russia’s oil and gas industry aimed add high value-added production will get good impetus.
SIBUR-Holding OJSC is Russia’s leading petrochemical company. It produces liquid gases for domestic needs, polyethylene, polypropylene, polystyrol, artificial rubber, tires, rubber goods, polyvinyl chloride resin, caprolactone, man-made fiber and textiles, construction materials, etc.
In this industry scenario, Taiyou Research analyzes the Petrochemicals Industry in Russia. The report covers the following:
An analysis of the global petrochemicals industry.
An analysis of the petrochemicals industry in Europe in order to establish the importance of the Russian petrochemicals industry in the region.
An analysis of the petrochemical industry in Russia including market profile, production statistics of petrochemicals, upstream activity, olefins sector and the fertilizers sector, along with the general developmental trends in the industry.
A SWOT analysis of the Russian petrochemical industry is carried out.
Major industry players such as Sibur, Lukoil, etc., are analyzed.
An industry outlook completes this in-depth analysis of Russia’s petrochemical industry.
Taiyou Research’s report on the Petrochemicals Industry in Russia is a complete profile of this growingly competitive industry in Russia that is fast making its presence felt across the world.