Brazilian Consumption and Import of Thermoplastic Resins Grow

Brazzil Magazine covers

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:

You May Also Like

Brazzil Magazine covers

Iranian Leader’s Visit to Brazil Takes the Gloss off Lula’s International Image

The only good thing to say about the visit to Brazil of Iran’s president, ...

Brazzil Magazine covers

The Daughter Pelé Didn’t Want Dies of Breast Cancer in Brazil

Sandra Regina Arantes do Nascimento Felinto, 42, who won a five-year court battle that ...

Brazzil Magazine covers

Brazil Fights Status Quo and Lack of Money in Mental Health Care

In a speech during the 4th National Conference on Mental Health, in Brazil, Brazilian ...

Brazzil Magazine covers

Brazilian Landless Want More than Land. They Want to Break Media Monopolies

Along with the United States and Argentina, Brazil is now one of the strongest ...

Brazzil Magazine covers

Bradesco Buys American Express’s Operations in Brazil

Latin American stocks moved collectively higher on the day, with Brazil gaining more than ...

Brazzil Magazine covers

Gastronomic Weeks: Brazil Finds a Way to Serve Its Coffee Worldwide

In order to increase coffee exports from Brazil, the Brazilian Export and Investment Promotion ...