BMI Industry View
The Ukrainian petrochemicals industry will remain in crisis, with Lukoil seeking to withdraw from the
sector, announcing that it is putting its local polymers subsidiary, Karpatneftekhim, up for sale. With much
of the country's petrochemicals i ..."
Ukraine's petrochemicals industry will not pick up in the context of the current circumstances. We maintain
this situation will endure until amelioration in the political, economic and security situation comes through.
In terms of consumption, the market will remain w ..."
Ukraine's petrochemicals industry will remain beset with the problems caused by the country's political
turmoil and resulting economic collapse. The devaluation of the hryvnia has added to the economic
headwinds, while the end-markets for petrochemicals - notably the ..."
Ukraine's political crisis continues to bite into the industrial sector with the petrochemicals industry feeling
the full force of recession. There are no upsides in the foreseeable future as the economy continues to spiral
downwards in tandem with its main export mar ..."
BMI View: The promised relaunch of Karpatneftekhim's polyethylene (PE) and polyvinyl chloride (PVC)
facilities could boost Ukraine's petrochemicals industry in 2015, but with end markets likely to be lacklustre
in the face of political and economic crisis it may take ..."
Ukraine is faced with civil war and economic meltdown and the souring of relations with Russia has cut off
a major source of trade. For the country's petrochemicals industry, this is fatal in that it severely limits
feedstock imports as well as finished product export ..."
Ukraine's petrochemicals industry will fail to come out of recession in 2014 due to the impact of the
country's political crisis, which threatens to deteriorate into a civil war and even a conflict with Russia, the
sector's main export market as well as its main sourc ..."
Ukraine's petrochemicals industry continues to struggle out of recession with poor domestic growth and an
increasingly competitive export market. BMI's latest Ukraine Petrochemicals Report sees little optimism in
the years ahead, a position reflected in Lukoil's decis ..."
BMI Industry View
Ukraine enjoyed positive news in an otherwise bleak scenario when Lukoil agreed to reopen the
Karpatneftekhim's facilities in September after a year of being offline, following an agreement with the
government. BMI's Ukraine Petrochemicals Repo ..."
Ukraine's petrochemicals industry has been hit by plant closures and poor domestic and external markets.
However, BMI believes the situation could be turned around in H213 following a government deal that
could reopen plants and spur investment in downstream plastics ..."