Despite significant raw material potential (2016: more than 540 million tons of oil and 640 billion cubic meters of natural gas produced), Russia has a low profile in the production of basic petrochemical products. The country's share in the international market for polymers remains insignificant (approximately 2% of the total volume of polypropylene production and 1.5% of polyethylene). The petrochemical industry makes up only about 1.5% of Russia's GDP. Accordingly, the main demand for polymers is covered by imports.
At the same time, this demand determines quite a high rate of industrial development, even in difficult circumstances, where the volume of plastic production in Russia exceeded 7 million tons in 2015, and continues to grow steadily. Nevertheless, most of the polymers produced are low-added value products. To reach competitiveness in the production of complex plastics, Russian companies need a forced transfer of foreign technologies to production sites.
Examples of industry projects implemented by the Agency of Technological Development:
- Aggregation of demand in order to develop the production of maleic anhydride and processing products
- Production of cellulose ethers (assistance in financing)
- Technological localization for the production of petrochemical equipment (development of a product strategy, search for technological solutions, aggregation of demand, assistance in financing, and the search for government support measures)