Ukraine Petrochemicals Report Q3 2014 is a new market research publication announced by Reportstack.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 source of feedstock. The idling of polymer and fertiliser industries in response could push the sector to the brink of permanent collapse, according to report latest Ukraine Petrochemicals Report.
Political crisis has exacerbated the weaknesses within the Ukrainian petrochemicals industry, while denied the chance for growth for as long as the civil unrest and rift with Russia continue. It expects a severe decline in output in 2014 with the potential for permanent closure of the country's largest petrochemical plants. In Q114, the value of chemical output fell 18.1% year-on-year (y-o-y) to UAH11.74bn. Although a low-point in January was followed by strong month-on-month (m-o-m) growth, output was still down 0.8% y-o-y in March and it expected a reversal in coming months as a result of petrochemical plant closures.
To view the table of contents and know more details please visit Ukraine Petrochemicals Report Q3 2014.