RUSSIA

Plastics processors brace for closures, bankruptcies / Consumption plummets across key segments as economy enters recession / Drone attacks target key petchem capacities

RUSSIA

Polymer consumption on ice / Possible economic recession takes toll on operations / Petrochemical projects likely delayed

SIBUR

Long-awaited IPO preliminary scheduled for early 2025 / Aim to raise around EUR 550 mn from selling 2% shares

YEAR-ENDER: RUSSIA-UKRAINE WAR

Dark clouds form over Russian economy / European energy prices on the rise again / Ukrainian plastics industry at a standstill

RUSSIA

Plastics production dips following steady growth / Government expects upward trend in chemical industry to slow / Central bank fears stagflation

RUSSIA

GDP grows 3.6% in 2023 on government spending in war-related sectors / Growth in 2024 seen up 2.5% for same reasons – Allianz Trade report

RUSSIA

Kremlin seeks Chinese support for troubled Ust-Luga gas complex / Sanctions jeopardise return of investments