Basic polymers: ethylene production increased 8.5% in July
According to the published data of the Federal state statistics service (Rosstat), the industrial production index in July 2018 compared to the corresponding period of the previous year amounted to 103.9%, in January-July 2018 — 103.1%. The index of production of chemicals and chemical products in July 2018 compared to the corresponding period of the previous year amounted to 106.0%, in January-July 2018 — 103.3%.
Ethylene production in July amounted to 237 thousand tons, an increase compared to July last year was 8.5%, a decrease compared to June 2018 was 6.9%. In just seven months, 976 thousand tons of ethylene +1% were produced in comparison with January-July 2017).
In the reporting period, 117 thousand tons of benzene were produced, which is 18.3% more than in July last year and 0.5% more than in June this year. The increase for January-July 2018 was 6.1%.
For reference: the Index of industrial production is calculated by types of activity “Mining”, “Manufacturing”, “Production and distribution of electricity, gas and water” on the basis of data on the dynamics of production of the most important products-representatives (in kind or in value terms). The structure of gross value added by types of economic activity of the 2008 base year is used as weights. Taking into account the amendment on informal activity.