The Ministry of Industry and Trade has announced an uptick in phenol production, a key component used in making phenolic formaldehyde resin for plywood. The agency cited growing demand in the market and noted that production has increased to meet this need. This update was conveyed by RIA Novosti, which quoted the ministry’s press service.
The ministry also clarified that there is no shortage of phenol in Russia. This clarification comes after a May 2 report by Kommersant claiming that some businesses could face production halts or significant price increases due to shortages of this material. The ministry’s statement aims to reassure industry participants and downstream users that supply will remain adequate as demand continues to rise.
In a statement, officials explained that a decision was made at the start of April to raise phenol output. The ministry subsequently adjusted the production plan to align with the higher demand observed in the Russian market. This proactive stance reflects an intent to stabilize supply and support the plywood sector and related industries that rely on phenol as a critical input.
During the first quarter of 2023, from January through March, phenol and acetone production maintained steady levels, with shipments matching existing contracts and consumer needs. The ministry indicated it would push to increase phenol release in May to further bolster supply and ensure consistent delivery to customers under long term arrangements.
Separately, the Russian National University of Science and Technology MISIS reported in late February the development of a new photocatalyst designed to purify water contaminated with phenol. This advancement represents ongoing research efforts to address environmental concerns associated with phenol use and processing, potentially offering more efficient methods for water treatment in industrial settings. The news underscores the broader commitment of Russian research institutions to innovate within the chemical and materials sectors while supporting industrial growth and environmental stewardship.
Industry observers note that the combined effect of steady production, guided by official plans, and targeted research efforts helps to smooth the supply chain for plywood production and related industries. As demand remains robust in regional markets, stakeholders anticipate continued collaboration between government agencies, manufacturers, and research bodies to sustain supply, manage prices, and promote sustainable practices across the sector.
In summary, the ministry’s recent actions and ongoing monitoring of production levels indicate a stabilized outlook for phenol availability in Russia. By balancing production capacity with market demand, and by investing in environmental and technological improvements, the country seeks to support its manufacturing base while addressing the needs of consumers and downstream industries alike.