New Market Report: Russia Petrochemicals Report Q1 2014
Russian petrochemicals capacity expansion over the medium term will be stimulated by expansion of non-oil industrial sectors and domestic market growth. BMI believes that a structural change in the economy towards domestic demand-led growth should benefit the petrochemicals industry, and domestically driven growth should ensure expansion does not lead to an imbalance between supply and demand, although in some segments there is the prospect of exports.
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