Nizhnekamskneftekhim (NKNH, part of the TAIF group) in November significantly reduced the supply of high-impact polystyrene (UPS / M) and general-purpose polystyrene (PSS / M) to the Ukrainian market, according to the ICIS-MRC Price Review.
So, according to several market participants, this month the plant will not ship the UPS / M and PSS / M to Ukrainian traders.
Moreover, in December, a significant increase in free volumes for Ukrainian buyers is also not expected.
Currently, the Ukrainian market of polystyrene (PS) remains an acute shortage of high-impact polystyrene, traders have general-purpose material available.
Due to the current situation, some market participants intend to start purchasing material from Turkey along with the Iranian substation.
PJSC “Nizhnekamskneftekhim” (NKNH) is one of the largest Russian producers of petrochemical products. The production complex of the company includes ten factories of the main production and ten departments (railway transport, ethylene pipelines, etc.). NKNH produces more than 120 types of chemical products, including synthetic rubber, polyethylene, polypropylene, polystyrene, and surfactants. Nizhnekamskneftekhim is a member of TAIF Group of Companies.