Production of Chemicals and Petrochemicals
Chemical production grew by 2% in January-July, 2006 in comparison with the same period of 2005.
An 8.9% decrease in the production of chemical fibers and threads is mainly determined by low competitiveness of domestic products against imported counterparts.
Decreased polyethylene (0.4%) and polypropylene (9.3%) production is determined by the lack of raw materials at a number of the industry enterprises (including the lack of ethylene at OOO Stavrolen (the town of Budennovsk) and at OOO Tomskneftechim).
Synthetic rubber plants produced 689 thousand tons of synthetic rubber, 3% up on the results of the same period of 2005. The production growth was determined by the expansion of export deliveries of the synthetic rubber due to the growth of world prices.
According to the available estimates, 6.2 billion dollars worth of chemical and petrochemical products were exported in the first half of 2006.
The quantities of synthetic rubber export deliveries grew by 12%, its deliveries calculated in cost terms increased by 17% in comparison with January-June of 2005).
Ministry of Industry and Energy of the Russian Federation
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