22 January 2009 19:50 [Source: ICIS news]
Abiquim said Brazil’s resin exports in 2008 totalled 761,000 tonnes, a 32% reduction from the previous year.
Conversely, resin imports in 2008 soared by 47% to just over 1m tonnes, the association said.
Brazil’s resin consumption in 2008 increased by 8% to 4.7m tonnes, Abiquim said, adding that growth in the sector was curbed by a financial crisis that began in September.
Brazil’s thermoplastic resin production in December 2008 was 252,100 tonnes, a 38% drop from the same month in 2007, the association said.
By the same comparison, domestic resin consumption fell by 26% to 205,700 tonnes.
Brazil’s resin exports in December rose by 12% from one year earlier to 79,100 tonnes, while imports fell by 2% to 66,200 tonnes, Abiquim said
Polyethylene terephthalate (PET) figures were not included, according to the association.
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