The capacity of Belarus’ automobile tire market is likely to reduce slightly in 2016, Belarus’ tire manufacturer Belshina said in a statement. Belarus’ tire market grew to 1.4 million units in H1 2016, including passenger car tires – 67.3% (down by 2,7% since early 2016), truck tires – 16.5% (up by 1.5%), farming machinery tires…
To complete its production upgrade program in 2016-2020, Belarus’ Mozyr NPZ (Gomel region) oil refinery will need $1 billion, while Naftan oil refinery (Vitebsk region) is short of $426 million, a source in the profile ministry reported. Belarusian oil refineries are challenged to keep upgrading their facilities in order to increase their oil conversion ratio…
Uzbekistan will host the first international conference “Resource saving technologies for processing of phosphorite of Central Kyzylkums into phosphate fertilizers and phosphoric salts” in October. Uzkimyosanoat and Ammofos-Maxam are organizers of the conference. According to the organizers, the conference will be held in Tashkent on October 10. The conference is aimed at discussing important achievements…
Belarus’ petrochemicals plant Polimir considers the European Union a priority market for acrylic fiber export, a company official said. Polimir exports 80% of synthetic fiber and views the EU as a lucrative market, as acrylic fiber prices are high there. Besides, the manufacturer is geographically close to the EU, which reduces the delivery time after…
The Ukrainian government with the support of Prime Minister Volodymyr Groysman has approved of changes to the method of evaluating objects to be privatized, proposed by the State Property Fund (SPF), which will reduce the starting price of Odessa Port-side Chemical Plant. “I believe we should allow the SPF to put the plant up for…
Belarus will reduce export duties on oil and oil products exported outside the customs territory of the Eurasian Economic Union on September 1. The decision is contained in Council of Ministers’ executive order No. 689 of August 30, the press service of the Belarusian government reported. The export duty on crude oil will go down…
Belarus’ proceeds from potash exports fell by 38.3% YoY in January-June to $896.215 million, Belarus’ National Statistics Committee (Belstat) said in an official report. Potash export proceeds decreased as a result of a 22.19% drop in the physical volume of Belarusian potash supplies to 2.31 million tons (in terms of 100% potassium chloride). The average…