Russia: Potential for Growth in the PE Film Industry
According to a recent study conducted by Applied Market Information Ltd (AMI) the manufacturin of polyethylene film is a dynamic and growing sector of the plastics processing industry in Russia. Despite the current economic slowdown, demand for film production will continue to grow significantly in the future as Russia offers a massive potential for development particularly in the packaging sector.
There will be growing demand for more sophisticated plastics packaging driven by the increasing presence of multinational food processing groups and supermarket companies which will compete strongly with local Russian brands.
There has been particularly spectacular growth in PE stretch film and multilayer film production. These film types were not produced under the Soviet regime and it is only recently that investments have been secured for their manufacture in Russia. These investments are leading to a shift in the structure of polymer demand for film production.
AMI’s report provides an invaluable insight into this developing industry giving key information on over 240 of the largest PE film extruders in Russia with full details of the location, polymers used and markets served by these companies.
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