Chemical production in Russia grew by 2.7% in 2018
Russia"s output of chemical products rose in December 2018 by 4.2% month on month.
However, this figure increased by 2.7% in 2018, according to Rosstat"s data.
According to the Federal Service of State Statistics, last month"s production of basic chemicals increased by 4.2% from November 2018, with benzene accounting for the main increase. Overall, production of chemical products grew in January-December 2018 by 2.7% year on year.
Thus, 276 ,000 tonnes of ethylene were produced in December, compared to 270,000 tonnes a month earlier. 2,990,000 tonnes of this olefin were produced in 2018, up by 4.8% year on year.
Last month"s production of benzene rose to 124,000 tonnes from 112,000 tonnes in November. Overall output of this material reached 1.3406,000 tonnes in 2018, up by 3.3% year on year.
December production of sodium hydroxide (caustic soda) was 115,000 tonnes (100% of the basic substance) versus 109,000 tonnes a month earlier. Overall output of caustic soda grew to 1.279,000 tonnes in January-December 2018, up by 6.3% year on year.
Last month"s output of mineral fertilizers was 2.121 m tonnes (in terms of 100% nutrients) versus 1.886 m tonnes in November, Russian producers increased their production of nitrogen and potash fertilizers. Overall, Russian plants produced over 22,870,000 tonnes of fertilizers last year, up by 1.4% year on year. Nitrogen fertilizers accounted for the greatest increase - up by 3.7% year on year.