28 March 2011 00:34 [Source: ICIS news]
SAN ANTONIO, Texas (ICIS)--The non-residential construction industry is still waiting for a recovery, a vice president for Solutia said on Sunday.
Non-residential construction is an important end-market for polyvinyl butyral (PVB) film, which Solutia produces and which is used to produce safety glass.
Other trends, however, are helping to offset the overall weakness in the construction industry, said Eric Nichols, vice president, business management for Solutia's advanced interlayers division.
Nichols was speaking on the sidelines of the International Petrochemical Conference (IPC).
Design trends are favouring more glass in buildings, Nichols said. Also, builders are favouring acoustic glass, which lessens outside noise.
For Solutia, the European construction market is much bigger than the US market because of differing building codes.
Building codes in China are adopting European-style regulations, Nichols said.
In the future, reconstruction in Japan could increase demand for safety glass, he said.
Non-residential construction is a large end market for chemicals in general, with every $1,000 spent generating $160-230 worth of sales of consumable chemicals and derivatives, according to the American Chemistry Council.
Hosted by the National Petrochemical & Refiners Association (NPRA), the IPC continues through Tuesday.
Paul Hodges studies key influencers shaping the chemical industry in Chemicals and the Economy
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