3rd Forum of Plastics Processers Union

5 July 2019, Friday

Nizhnekamskneftekhim took part in the 3rd Forum of the Union of Plastics Processers, which was held in Moscow with the support from the Ministry of Industry and Trade of Russia and the Russian Union of Chemists. More than a dozen of major plastics manufacturers from all over the country was brought together to discuss the progress and problems in the industry, as well as ways to tackle them.

According to the participants of the Forum, one of the main problems in the industry is the low marginality of the plastics production. Among the reasons is that the sector is developing at a faster pace that the Russia’s economy in general. The solution to this problem could be the reorientation of finished products for exports.

In the next six years, measures of state support for the chemical industry are expected to be largely aimed at increasing the exports potential. Support measures should also be more active in ensuring the relevance of the country’s customs and tariff policies by reducing import duties on goods that are not produced in Russia, and in increasing duties on goods whose production is excessive. In addition, the rates of import duties on polymer products should not be lower than the rates on the polymers themselves.

Based on information by Nizhnekamskneftekhim press service

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