Brazil Boosts Imports of Vinyl Resin to Meet Demand
SAO PAULO, Brazil, Aug. 13, 2008 (VNS) – Consumption of vinyl resin in Brazil will increase 10% in 2008 over 2007, surpassing domestic capacities, and necessitating the import of 100,000 tons of resin in 2008, according to a statement by Brazil's Instituto do PVC.
Total consumption of vinyl resin in Brazil for 2008 will reach an estimated 900,000 tons. Reasons for the increased demand can be attributed to Brazil's prosperous automobile industry, and the increase in "civil construction" such as infrastructure and sanitation projects, with PVC more economical than alternative materials.
According to Miguel Bahiense, executive director of Instituto do PVC, the federal government's Growth Acceleration Program (PAC) is responsible for increased demand. He states, "Vinyl is the main plastic of civil construction, and with the PAC it will be the product that will benefit the most."
Brazil's major domestic PVC resin manufacturers have taken steps to increase production over the next few years.
For more information on this story, go to the Instituto do PVC website.
The Vinyl Institute represents the leading manufacturers involved in the production of PVC vinyl in the United States, and promotes the value of PVC and vinyl products to society.
For more information, contact:
Jeffrey B. Palmer
Director of Marketing & Communications
The Vinyl Institute (703) 741-5669
jeff_palmer@plastics.org
Also go to: www.vinylindesign.com, and www.vinylinfo.org.