1. Demo-VersionRussia: CrumbRubber MarketAnalysis and Forecast to 2017November 2012Marketing ResearchBarykovsky lane 4, building 2, office 201 e-mail: info@indexbox.ru www.indexbox.ruMoscow, 119034Phone number: +7 495 988 96 06

2. Market Research Russia: Crumb Rubber Market. November 2012 (Demo-version)Brief OverviewThe report on the Russian crumb rubber market contains: Analysis and forecast of market dynamics; Structure of consumption by region; Analysis of domestic production, market shares of the main market players; Analysis of exports and imports; Analysis of factors, influencing the development of the market; Analysis of raw materials base; Analysis of the state of the consuming industries; Assessment and forecast of market development; Financial and economic profiles of the leading companies in the industry.Methodology: Expert interviews with top managers of the largest players on the market; Analysis of information, received from the main market participants; An analysis of statistical information: o Federal Service of State Statistics (Rosstat); o The Federal Customs Service (FTS); o The Ministry of Economic Development; o The Federal Tax Service; o Industry associations.The report will allow you to: 1. Identify key indicators of the market, build your own business forecasts, based on market data; 2. Evaluate the growth potential and threats in the market.Key figures presented in the report on the Russian crumb rubber market: Volumes of production, exports and imports; Indicators of market development; Consumption indicators.The report contains 122 pages, 28 tables, 32 figures.The report contains the consensus market forecast based on the average value of theforecasts of market participants. As market experts are considered: manufacturers,importers, wholesale distributors, high-volume consumers, professional associations andunions, and trade publications. The experts, participating in the survey, are provided withspecial conditions on the purchase of the reports.Page 2 from 20IndexBox Marketing 2012 www.indexbox.ru 3. Market Research Russia: Crumb Rubber Market. November 2012 (Demo-version)Why People Choose Us We have been professionals in marketing research for over 9 years, and have completed over 1000 industry studies which are updated on a regular basis. We collect data via expert interviews with market participants. Industry experts verify all secondary information used in the report. We have an extensive database of economic information in almost every sector of the economy. Cross-analysis of related industries enables our clients to get a complete picture of the market of interest. Our own research methodology guarantees the consistently high quality of our work. We offer unique and individualized customer service: o Personal account on the website with a personal manager; o Monitoring of the status of your order online; o Pre-sale specialist advice and answers to post-purchase questions. We offer special conditions for the actualization of our research reports. If interested, find out about these conditions from our specialists now! Page 3 from 20 IndexBox Marketing 2012 www.indexbox.ru 4. Market Research Russia: Crumb Rubber Market. November 2012 (Demo-version)Research DesignThe purpose of the study is to analyze the state of the Russian crumb rubber market andbuild a forecast of the industry in the medium term.Geography of the research: RussiaMethodology1.Analysis of secondary market data:Secondary data refers to data from the Internet (industry portals, competitors sites,shopping sites, articles and reviews, reference materials), specialized publications, state andprivatemedia companies,marketing agencies,commercialdatabases,IndexBoxMarketing own research.2.Analysis of Materials from Market Participants (price lists, brochures, etc.):Data collection from market participants is needed to analyze the specifics of the marketand the parties involved in it, their pricing and assortment policy. Data on marketparticipants is gathered during the analysis of secondary information, and also by sendingrequests for price lists and other presentation materials.3.Expert Interviews with Market ParticipantsTheanalysis of secondaryinformation is completed byexpert interviewswithrepresentatives of market participant companies manufacturers and trading companies.Our approach to the estimationThe consensus market forecast is the average value of the forecasts of market participants(experts).ExpertsAs market experts are considered: manufacturers, importers, wholesale distributors, high-volume consumers, professional associations and unions, and trade publications. Expertopinions are collected during telephone interviews conducted by IndexBox on a regularbasis (the standard is every six months, but can be more often, based on a special requestor under conditions of high volatility in the market). IndexBox has created an extensivedatabase of experts within key industries. The experts, participating in the survey, areprovided with special conditions on the purchase of the reports. Page 4 from 20IndexBox Marketing 2012www.indexbox.ru 5. Market Research Russia: Crumb Rubber Market. November 2012 (Demo-version)Accuracy of forecastsThe accuracy of forecasts is verified by experts in the given industry, based on the historicalperiod (3 years). In accordance with this accuracy, each expert weighs out the forecasts tocreate the overall average forecastIndicators1. Consumption: Consumption is the main index estimated by our experts and features the dynamics of consumption in real terms in the short to medium term. Experts give an estimate of the potential volume of consumption in accordance with their expectations and production plans (for manufacturers).2. Internal production: It is based on the projected volume of consumption and production capacity in any given industry, assessing, of course, and factoring in the dynamics of domestic production.3. Imports and Exports: Takes into account the retrospective dynamics of export-import operations, strengths and weaknesses of the domestic production, changes in legislation, the macroeconomic situation in the countries of the supplier (beneficiary) of a product, an assessment of the dynamics of imports and exports.Page 5 from 20IndexBox Marketing 2012 www.indexbox.ru 6. Market Research Russia: Crumb Rubber Market. November 2012 (Demo-version)Table of Contents1. Executive summary2. Research design3. Classification of crumb rubber4. Characteristics of the Russian crumb rubber market4.1. Volume and dynamics of the Russian crumb rubber market in 2008 2011.Forecast for 2012 - 20174.2. Structure of the crumb rubber market: production, exports, imports, consumption5. Characteristics of the domestic production of crumb rubber in 2005 August20125.1. Volume and dynamics of the production of crumb rubber in 2005 August 20125.2. Structure of production of crumb rubber by Federal Districts of the RussianFederation5.3. Main manufacturers of crumb rubber and their corresponding market shares5.3.1. OJSC "CHRZ"5.3.2. OJSC Slantsevskiy factory Polymer5.3.3. OJSC Balakovorezinotekhnika5.3.4. CJSC "VRSHRZ"5.3.5. OJSC "Saransk factory Rezinotekhnika5.3.6. LLC "Etalon-Plus"5.3.7. OJSC EKO-RTI-Holding5.3.8. LLC KST Ecologia5.3.9. LLC KamEchoTech5.3.10. LLC Nizhegorod factory for processing RTI5.4. Investment projects in the industry6. Characteristics of the imports of crumb rubber to the Russian market6.1. Volume, dynamics and structure of the imports of crumb rubber6.2. Manufacturing countries, leading suppliers of the imported crumb rubber on theterritory of the Russian Federation6.3. Foreign companies, manufacturers of the crumb rubber, imported in the RussianFederation6.4. Russian companies, recipients of the imports of crumb rubber6.5. Structure of the imports of crumb rubber by regions of the Russian Federation7. Characteristics of the Russian exports of crumb rubber8. Factors, influencing the development of the market in Russia crumb rubber8.1. Commissioning of new automobile roads8.2. Production of rubber technical products8.3. Production of tyres9. Characteristics of the consumption of crumb rubber9.1. Volume and dynamics of the consumption of crumb rubber in 2008 2011.Forecast for 2012 - 20179.2. Volume and structure of the consumption of crumb rubber by Federal Districts ofPage 6 from 20IndexBox Marketing 2012 www.indexbox.ru 7. Market ResearchRussia: Crumb Rubber Market. November 2012 (Demo-version)the Russian Federation 9.3. Structure of consumption of crumb rubber by industries in 2009 2011. Forecastfor 2012 - 2017 9.4. Balance between production and consumption of crumb rubber10. Forecast for the development of the crumb rubber market in 2012 - 2017 10.1. Evaluation of the potential volume of supply of crumb rubber in 2012 - 2017 10.2. Scenarios for development of the world economy 10.3. Scenarios for development of the crumb rubber marketAppendix1. Financial and economic indicators of the industryAppendix2. Profiles of the leading manufacturers CJSC "VOLGA REGENERATNO-SHINOREMONTNIY ZAVOD " OJSC "CHRZ" OJSC "Polymer" OJSC "BRT" ("BALAKOVOREZINOTECHNKA") OJSC " "Rezinotekhnika" LLC "Etalon-Plus" LLC "EKOLOGIA-REZINOTECHNICHESKIE IZDELIYA-HOLDING"Page 7 from 20 IndexBox Marketing 2012 www.indexbox.ru 8. Market Research Russia: Crumb Rubber Market. November 2012 (Demo-version)List of tablesTable 1. Classification of crumb rubber by different indicatorsTable 2. Volume and dynamics of the crumb rubber market in 2008 - 2011 and forecast for2012 - 2017, in tonsTable 3. Production of crumb rubber in January 2005 August 2012, in tonsTable 4. Production of crumb rubber by Federal Districts of the Russian Federation in 2005 -August 2012, in tonsTable 5. Dynamics of the production of crumb rubber by manufacturers in 2005 - 2011, intonsTable 6. Dynamics of the production of crumb rubber by the OJSC CHRZ in 2005 - 2011,in tonsTable 7. Structure of the imports of crumb rubber in 2011, including Belarus andKazakhstanTable 8. Volume of the imports of crumb rubber by manufacturing countries in 2011, in tonsTable 9. Volume of the imports of crumb rubber by manufacturing countries in 2011, inthousands of USDTable 10. Volume of the imports of crumb rubber by manufacturing companies 2011, intonsTable 11. Volume of the imports of crumb rubber by manufacturing companies 2011, inthousands of USDTable 12. Volume of the imports of crumb rubber in the Russian Federation by recipientcompanies in 2011, in tonsTable 13. Volume of the imports of crumb rubber in the Russian Federation by recipientcompanies in 2011, in thousands of USDTable 14. Volume of the imports of crumb rubber by regions of the Russian Federation 2011, in tonsTable 15. Volume of the imports of crumb rubber by regions of the Russian Federation 2011, in thousands of USDTable 16. Volume of the Russian exports of crumb rubber by recipient countries 2011, intonsTable 17. Commissioning of automobile roads with hard surgace by Federal Districts of theRussian Federation in 2005 2009, in kilometersTable 18. Commissioning of automobile roads in January - March 2011, in kilometersTable 19. Production of rubber products by Federal Districts of the Russian Federation in2008 - 2010, in tonsTable 20. Balance between supply and demand on the crumb rubber market in 2008 - 2011and forecast until 2017, in tonsTable 21. Forecast of development of Russian crumb rubber market in 2012 - 2017, in tonsTable 22. Base scenario for the development of the crumb rubber market in 2011 - 2017, intonsTable 23. Conservative scenario for the development of the crumb rubber market in 2011 -2017, in tonsPage 8 from 20IndexBox Marketing 2012 www.indexbox.ru 9. Market ResearchRussia: Crumb Rubber Market. November 2012 (Demo-version)Table 24. Pessimistic scenario for the development of the crumb rubber market in 2011 -2017, in tonsTable 25. Revenues (net) from sales of goods, products, works, services (less value addedtax, excise duties and other similar charges), on January 1 of this year, in thousands of RURTable 26. Management expenses for the production of other rubber products on January 1,in thousands of RURTable 27. Cost of goods sold for the production of other rubber products, on January 1, inthousands of RURTable 28. Profit (net) from sales from the production of Production of other rubber products,on January 1, in thousands of RURPage 9 from 20 IndexBox Marketing 2012 www.indexbox.ru 10. Market ResearchRussia: Crumb Rubber Market. November 2012 (Demo-version)List of FiguresFig. 1. Ratio between imported and domestically produced products on the crumb rubbermarket in 2011, in physical termsFig. 2. Volume of supply on the crumb rubber market in 2008 - 2011 and forecast for 2012- 2017, in tonsFig. 3. Dynamics and structure of the crumb rubber market in 2008 - 2011 and forecastuntil 2017, in tonsFig. 4. Production of crumb rubber in January 2011 - August 2012, in tons and in %Fig. 5. Production of crumb rubber in January 2010 - August 2012, in %, to the analogicalperiod of the previous yearFig. 6. Production of crumb rubber in 2005 - 2011, in tonsFig. 7. Structure of production of crumb rubber by Federal Districts of the RussianFederation in January - August 2012, in physical termsFig. 8. Structure of production of crumb rubber by Federal Districts of the RussianFederation in 2007 - 2011, in physical termsFig. 9. Structure of production of crumb rubber in the Russian Federation by manufacturersin 2005 - 2011, in physical termsFig. 10. Annual dynamics of the imports of crumb rubber in the Russian Federation in 2008- 2011, in tonsFig. 11. Dynamics of the imports of crumb rubber in the Russian Federation in January 2011- July 2012, in tonsFig. 12. Dynamics of the imports of crumb rubber in the Russian Federation in January 2011- July 2012, in thousands of USDFig. 13. Structure of the imports of crumb rubber in the Russian Federation bymanufacturing countries in 2011, in physical termsFig. 14. Structure of the imports of crumb rubber in the Russian Federation bymanufacturing countries in 2011, in value termsFig. 15. Structure of the imports of crumb rubber in the Russian Federation bymanufacturing companies in 2011, in physical termsFig. 16. Structure of the imports of crumb rubber in the Russian Federation bymanufacturing companies in 2011, in value termsFig. 17. Structure of the imports of rezinovovy crumbs in the Russian Federation byrecipient companies in 2011, in physical termsFig. 18. Structure of the imports of rezinovovy crumbs in the Russian Federation byrecipient companies in 2011, in value termsFig. 19. Structure of the imports of crumb rubber by regions of the Russian Federation in2011, in physical termsFig. 20. Structure of the imports of crumb rubber by regions of the Russian Federation in2011, in value termsFig. 21. Annual dynamics of the Russian exports of crumb rubber in 2008 - 2011, in tonsFig. 22. Commissioning of automobile roads with hard surface by Federal Districts of theRussian Federation in 2005 - 2009, in %Page 10 from 20IndexBox Marketing 2012 www.indexbox.ru 11. Market Research Russia: Crumb Rubber Market. November 2012 (Demo-version)Fig. 23. Commissioning of automobile roads with hard surface in January - March 2011 byFederal Districts, in %Fig. 24. Commissioning of not common automobile roads with hard surface in January -March 2011 by Federal Districts, in %Fig. 25. Commissioning of common automobile roads with hard surface in January - March2011 by Federal Districts, in %Fig. 26. Production of rubber products by Federal Districts of the Russian Federation in2008-2010, in tonsFig. 27. Production of automobile tires in 2008-2011, forecast until 2017, in millions of unitsFig. 28. Structure of production of tires by Federal Districts of the Russian Federation in2005-2011, in physical termsFig. 29. Dynamics of consumption of crumb rubber in the Russian Federation in 2008-2017F, in tonsFig. 30. Consumption of crumb rubber by Federal Districts of the Russian Federation in 2008 2011. Forecast for 2012 - 2017, in physical termsFig. 31. Structure of consumption of crumb rubber by industry in 2009 2011. Forecast for2012 - 2017, in physical termsFig. 32. Balance between supply and demand on the crumb rubber market in 2008 - 2011and forecast until 2017, in tonsPage 11 from 20 IndexBox Marketing 2012 www.indexbox.ru 12. Market ResearchRussia: Crumb Rubber Market. November 2012 (Demo-version)Executive SummaryKey figures and conclusions about the marketThe volume of supply on the Russian crumb rubber market in 2012 was almost tons,which is % higher than the the same figure for 2011. It should be noted that the volumeof imported products on the crumb rubber market was %.The volume of production of crumb rubber in 2012 was tons, which is % higher than thevolume of production in 2011.The largest share (%) of all crumb rubber manufactured in the Russian Federation in 2012belongs to the Federal District.In 2012, the import volume of crumb rubber in Russia amounted to tons in physical termsand to thousand USD in value terms.Page 12 from 20IndexBox Marketing 2012 www.indexbox.ru 13. Market ResearchRussia: Crumb Rubber Market. November 2012 (Demo-version)4. Characteristics of the Russiancrumb rubber market...4.1. Volume and dynamics of the Russian crumb rubbermarket in 2007 - 2012. Forecast for 2012 2017The volume of supply on the Russian crumb rubber market in 2012 was almost tons,which is % higher than the the same figure for 2011. It should be noted that the volumeof imported products on the crumb rubber market was % of the total market. Source: Data (Rosstat, FTS), Analysis (IndexBox) Fig. 1. Volume of the supply of crumb rubber in 2008 - 2012 and forecast for2013 - 2017, in thousands of tons and percentagePage 13 from 20 IndexBox Marketing 2012 www.indexbox.ru 14. Market Research Russia: Crumb Rubber Market. November 2012 (Demo-version)4.2. Structure of the crumb rubber market in Russia: production,exports, imports, consumptionThe volume of imports of crumb rubber in 2012 was about tons, which was % of thetotal market volume. A more detailed analysis of the imports and exports is presentedbelow.Table 1. Volume and dynamics of the market of crumb rubber in Russia in 2008 2012 and forecast until 2017, in tons200920102011F 20122013F 2014F 2015F 2016F 2017FVolume of In tonsproductionIn %, to%%%%%%%% thepreviousyearVolume of In tonsexportsIn %, to%%%%%%%% thepreviousyearVolume of In tonsimportsIn %, to%%%%%%%% thepreviousyearVolume of In tonstotal supplyIn %, to%%%%%%%% thepreviousyearSource: Data (Rosstat, FTS, Expert opinion), Analysis (IndexBox)Page 14 from 20 IndexBox Marketing 2012 www.indexbox.ru 15. Market ResearchRussia: Crumb Rubber Market. November 2012 (Demo-version)5. Characteristics of the domesticproduction of crumb rubber in Russiain 2007 - 2012 Characteristics of domestic production - Volume and dynamics by type of product - Production capacities - Structure of production - Main producers and their market shares5.1 Volume and dynamics of the production of crumb rubber in2007 - 2012In 2011, the volume of production was higher than for the analogical period of the previousyear. Source: Data (Rosstat), Analysis (IndexBox)Fig. 6 Production of crumb rubber in 2007 - 2011, in thousands of tonsPage 15 from 20 IndexBox Marketing 2012 www.indexbox.ru 16. Market ResearchRussia: Crumb Rubber Market. November 2012 (Demo-version)5.3 The main manufacturersof crumbrubberand theircorresponding market sharesTable 4. Manufacturers of crumb rubber and their corresponding market shares in2011ProductionMarketof crumbshareManufacturerRegion rubber, intons OTHERS TOTAL Source: Data (Company data), Analysis (IndexBox)Page 16 from 20 IndexBox Marketing 2012 www.indexbox.ru 17. Market Research Russia: Crumb Rubber Market. November 2012 (Demo-version)6. Characteristics of the imports ofcrumb rubber into the Russian market 6.1. Volume and dynamics of the imports of crumb rubberThe volume of imports of crumb rubber in 2011 was tons. The largest amount of crumbrubber was imported in , when were imported tons.Table 8. Volume and dynamics of the imports of crumb rubber in 2012, in thousands of tonsMonth Quantity, in thousands of tons In %, to the previous monthJanuary February %March %April %May %June %July %August %September %October %November %December %Total Source: Data (FTS), Analysis (IndexBox) Page 17 from 20 IndexBox Marketing 2012 www.indexbox.ru 18. Market ResearchRussia: Crumb Rubber Market. November 2012 (Demo-version)Source: Data (FTS), Analysis (IndexBox)Fig. 30. Dynamics of the imports of crumb rubber in Russia in 2012, in thousandsof tons and in % Page 18 from 20IndexBox Marketing 2012 www.indexbox.ru 19. Market Research Russia: Crumb Rubber Market. November 2012 (Demo-version)About IndexBox"IndexBox" is one of the leading companies in the sphere of marketing consulting. We carryout pieces of marketing research and consult on questions about strategic marketing.The "IndexBox" team has been working together for more than 7 years.The average experience of "IndexBox" specialists in the marketing sphere is 10 years.IndexBox" employs 15 specialists in its research analytical department.The gathering of the researched information is controlled by 8 employees, all with vast experience in field work. And who oversee more than 150 experienced interviewers.Over 10 years, we have completed more than sixteen hundred projects, most of which are focused on the consumer and industrial markets. The geography of the research includes not only the territory of Russia, but also foreign markets.In total, more than 80,000 respondents have taken part in our research studies.Not only does "IndexBox" have a wide partner network in the regions of the Russian Federation, the CIS, and the Baltic countries, but also has countless foreign partners, including the largest research companies in the USA, the UK, France, India, and China.Our clients are big Russian and foreign companies:Page 19 from 20 IndexBox Marketing 2012 www.indexbox.ru 20. Market ResearchRussia: Crumb Rubber Market. November 2012 (Demo-version)Marketing researchOur specialization - the study of consumer and industrial markets, segments of B2C andB2B. Among the methods used: desk research, consumer surveys, expert surveys,competitive analysis, sales audit, a wide range of qualitative market research products andservices. Our competitive advantage is the formation of special research techniques to thetasks of each project. System planning and operational monitoring of the industry, created acompany that allows professionals to operate in IndexBox their work relevant and accurateinformation.Business PlanningWe are professionally engaged in developing business plans, feasibility studies, investmentmemoranda, conduct financial analysis of enterprises and prepare analysis for transactionsM & A. Business plans developed by IndexBox, contain a complete financial model for thefurther implementation of the project, all calculations are based on marketing information,which is permanently collected and analyzed for over 7 years. 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Marketing agency IndexBox offers a range of professional services for the study ofthe real estate market and the development of individual marketing concept of the facility.Page 20 from 20IndexBox Marketing 2012 www.indexbox.ru