21 July 2008 17:46 [Source: ICIS news]
The housing industry is a key downstream consuming sector for chemicals and chemicals-based products such as roofing materials, adhesives, insulation, siding, paints and coatings, synthetic materials, polyvinyl chloride (PVC) pipes and a broad range of other construction materials.
RPM's residential products are used in small repairs and touch-ups, such as weatherisation.
Residential construction makes up 6% of RPM 's sales, according to Bank of America. Non-residential construction makes up 55%.
RPM's non-residential products continue to experience strong demand from oil and gas, power generation and other industrial sectors, Sullivan said.To discuss issues facing the chemical industry go to ICIS connect
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|
Asian Chemical Connections