26 March 2008 20:51 [Source: ICIS news]
BUENOS AIRES (ICIS news)--Argentinean plastic goods producers are struggling to compete with rising imports from China, a private consultancy said on Wednesday at an international trade expo in Buenos Aires.
Plastic products from ?xml:namespace>
“Some small companies in the sector have decided to stop production of some product lines to begin importing Chinese-made goods, since it’s cheaper than producing them locally,” private consultancy Ecolatina said in Spanish at the 25-29 Argenplas at the XII International Plastic Exposition in Buenos Aires.
Local industry viewed the imports as a menace, Ecolatina said.
“The Argentinean government is not reacting to this problem, and hasn’t applied any safeguard measures to protect the plastic local industry,” an industry source told ICIS news from the sidelines of the event.
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|