Brazilian Consumption and Import of Thermoplastic Resins Grow

    Thermoplastic resin

    Thermoplastic resin Imports of thermoplastic resins by Brazil grew 60.7% in the first half this year, in comparison with the same months of 2007, having totaled 521,700 tons, according to data disclosed by the Brazilian Chemical Industry Association (Abiquim).

    The purchases helped sustain the expansion in consumption of the products in the Brazilian domestic market.

    From January to June this year, Brazil consumed 2.4 million tons of thermoplastic resins. The volume was 13.5% greater than recorded during the same period last year. The national industry also supplied the domestic market, however it recorded a 6.6% decline in production.

    Brazil manufactured 2.2 million tons of the product. Output was harmed by interruption of production for maintenance at national petrochemical plants.

    The data includes polyethylene (PE), polypropylene (PP), polystyrene (PS), polyvinyl chloride (PVC) and copolymer of ethylene and vinyl acetate (EVA). Brazilian thermoplastic resin exports also decreased in the accumulated result up until June. They totaled 375,700 tons, reduction of 39.7% in comparison with the same period last year.

    In June alone, Brazilian thermoplastic resin output totaled 380,400 tons, 6.4% more than in May. There was, however, a 6.6% reduction in comparison with June last year. Imports remained practically on the same level as in May, at 85,000 tons, and exports grew 32.2%, to reach 66,000 tons.

    "Several industrial sectors that consume large quantities of resins sustain the growth perspective for production and sales in the coming months. There are, of course, concerns regarding increase in prices of petrochemical raw materials in the international market, but so far, indicators are positive for the remainder of the year," says the coordinator of the Sectoral Commission for Thermoplastic Resins at Abiquim, Luiz de Mendonça.

    Anba

    Tags:

    • Show Comments (0)

    Your email address will not be published. Required fields are marked *

    comment *

    • name *

    • email *

    • website *

    Ads

    You May Also Like

    Thomas A. Shannon

    Once Again US Says the End of Visas for Brazilians Is Near

    In an interview with Brazil’s leading weekly newsmagazine Veja, Thomas A. Shannon, the American ...

    Brazil Consolidates Uruguay Presence with First of Series of Gas Stations

    Petrobras, the Brazilian state controlled oil giant, is consolidating its entry in the fuel ...

    Brazil: Death Threats and Intimidation Still Common Where Sister Dorothy Was Murdered

    “The victims have become the accused.” This quote from Friar Jose Amaro Lopes de ...

    Brazil’s Deadbeats Grow 13%

    In comparison with June, consumer delinquency in Brazil was down 3.7% in July, maintaining ...

    Downtown São Paulo, Brazil

    US Bank Morgan Stanley Warns Brazil Growth Might Be Close to Zero

    Brazil's economy could suffer a contraction during two consecutive quarters at the end of ...

    Living on Nothing and Surviving in Brazil

    Close to 27 million Brazilians belong to families who have to get by on ...

    Brazil’s Gun Lobby Launches Hysterical Campaign Against Arms Ban

    Human life in Brazil is cheap, regardless of your social status. Violent crime affects ...

    Brazil Downplays Disputes with Argentina

    The trade disputes between Brazil and Argentina won’t harm the Mercosur negotiations at the ...

    Brazil Lula and US Bush

    Brazil’s Lula Has Best Regional Image, Bush and Chavez the Worst

    George Bush and Hugo Chavez, the presidents of the United States and Venezuela, are ...

    Brazil-Venezuela Joint Venture Will Generate 10,000 Jobs in Brazil

    Brazilian President Luiz Inácio Lula da Silva gave assurances today to the governor of ...