11 March 2008 03:59 [Source: ICIS news]
HOUSTON (ICIS news)--?xml:namespace>
However, the same figure expressed in Brazilian reais (R) denoted a 2.75% reduction for the year at R36.46bn, according to data from the Brazilian association of the plastic industry (ABIPLAST).
The apparent consumption of processed plastic products (the sum of production and imports minus exports) reached 4.9m tonnes, for an 8.7% increase.
Exports reached 333,000 tonnes (up 2.4%) bringing in receipts of $1.18bn. Imports of processed plastic products continued to grow and reached 411,000 tonnes for $1.83bn, compared with $1.4bn in 2006.
Consequently, the commercial balance for the sector in 2007 was negative at $646m, SIRESP said.
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