Brazil Petroquimica Triunfo focuses on ethylene vinyl acetate

07 May 2009 19:08  [Source: ICIS news]

SAO PAULO (ICIS news)--Brazil’s Petroquimica Triunfo plans to focus its business strategy on ethylene vinyl acetate (EVA) exports production for the remainder of this year, a company source said on Thursday.   

“Our goal will be to aim at 100% of our production capacity and reach off to foreign markets,” said Triunfo’s commercial planning coordinator Eduardo Jose Dotti on the sidelines of the Brasilplast trade conference.

Petroquimica Triunfo has a production capacity of 160,000 tonnes/year of linear low density polyethylene (LLDPE) and EVA at its complex in Triunfo, southern Brazil.    

“We are going with this strategy because EVA is not easily substituted so there is less competition as it does not compete with LLDPE and other polymers,” Dotti said in Portuguese.

Petroquimica Triunfo, which was recently incorporated by Brazil’s Braskem, already exports EVA to countries of the Mercosur trade pact in South America.

“We are expanding our exports of EVA to European countries such as France, Spain, Belgium and even reaching to Africa as demand grows in those countries,” said Dotti, without offering volume details.     

Exports to Mercosur countries tend to be more regular, Dotti said, while trade with other regions is usually seasonal and irregular.

“In that case we can make good deals as we evaluate the market on a constant month-by-month basis,” he said.   

Global demand for LLDPE and EVA is expected to increase gradually this year, but should stay at least 15% lower than in 2008, he said.

Brasilplast continues through Friday

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By: Hellen Berger
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