AGP Executive Report
Last update: 7 hours agoPetrochemicals and Fuel: Russia imposed a three-month ban on exports of benzene, toluene, xylenes and phenol outside the EAEU to protect domestic supplies. The move follows refinery disruptions, including a strike on the Kstovo refinery; authorities in Nizhny Novgorod region have capped gasoline sales at 40 litres per customer. Manufacturing: Russia’s factory activity contracted slightly in October, with the PMI at 49.9. Industrial Investment: AstraZeneca opened a new oncology-drug production line in Kaluga, equipped for full-cycle manufacturing of two targeted medicines. In Ghana, RUSAL agreed to develop a bauxite mine and a $1.5 billion alumina refinery, planned to produce 1.2 million tonnes a year. Energy Trade: Washington is reportedly exploring a restart of Russian gas transit through Ukraine, but the Kremlin says current conditions make supplies impossible and the EU plans to phase out Russian gas by 2027. State Finances: Russian Post put its historic Moscow complex up for auction for at least 7.7 billion rubles as it grapples with mounting losses and debt.
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