New Market Study, "Russia Petrochemicals Report Q4 2013", Has Been Published
Russian petrochemicals capacity expansion over the medium term will be stimulated by expansion of nonoil 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, which is expected to see polymers capacity exceed 10mn tonnes per annum (tpa) by 2017 - a three-fold increase from that seen in 2008. Domestically-driven growth should ensure expansion does not lead to an imbalance between supply and demand, although in...
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