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The government introduced a temporary ban on the export of certain types of petrochemical products. The restriction will be valid for three months. The measure applies to exports from Russia outside the EAEU of benzene, coal and petroleum, toluene, orthoxylene, paraxylene and phenol. Key objective: stable supply of raw materials to Russian industrial plants. The ban does not apply to international transport, supplies as part of international humanitarian aid and support for the activities of local organizations in the Spitsbergen archipelago. The idea of ​​introducing a ban on the export of aromatic hydrocarbons began to be discussed in the summer. The business response was mixed. In particular, Russian Steel opposed the ban on coal benzene exports. In a letter to the Ministry of Industry and Trade, the company stated that historically the production volumes of this product have exceeded local demand, and its accumulation is problematic due to the increased risk of explosion. Now a significant part of this raw material is used to produce gasoline. Some processors fear that the ban will worsen the shortage of raw materials in the local market. This could lead to disruptions in production, increased costs and delays in deliveries to customers. On the contrary, CCI believes that the situation will change for the better in November due to the release of some refineries from repairs and a seasonal decrease in fuel demand. Himprom in Telegram up to MAX.

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Химпром · · Source

🇷🇺 Russia · Map

The government introduced a temporary ban on the export of certain types of petrochemical products. The restriction will be valid for three months. The measure applies to exports from Russia outside the EAEU of benzene, coal and petroleum, toluene, orthoxylene, paraxylene and phenol. Key objective: stable supply of raw materials to Russian industrial plants. The ban does not apply to international transport, supplies as part of international humanitarian aid and support for the activities of local organizations in the Spitsbergen archipelago. The idea of ​​introducing a ban on the export of aromatic hydrocarbons began to be discussed in the summer. The business response was mixed. In particular, Russian Steel opposed the ban on coal benzene exports. In a letter to the Ministry of Industry and Trade, the company stated that historically the production volumes of this product have exceeded local demand, and its accumulation is problematic due to the increased risk of explosion. Now a significant part of this raw material is used to produce gasoline. Some processors fear that the ban will worsen the shortage of raw materials in the local market. This could lead to disruptions in production, increased costs and delays in deliveries to customers. On the contrary, CCI believes that the situation will change for the better in November due to the release of some refineries from repairs and a seasonal decrease in fuel demand. Himprom in Telegram up to MAX.

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