Brazil’s resins revenue projected to grow 15% in 2011

27 April 2011 00:42  [Source: ICIS news]

SAO PAULO (ICIS)--Brazil’s revenue from thermoplastic resins will increase by 15% in 2011, according to data from the Plastic Resins Distributors Association (Adirplast) on Tuesday.

According to a study developed in partnership with petrochemical consultancy firm Maxiquim, domestic revenues from thermoplastic resins in 2011 would increase by 15% to Brazilian reais (R)2.8bn. ($1.8bn)

Domestic resins sales in volume would grow by 4.2% this year, according to estimates by Adirplast and Maxiquim.

In terms of sales volume, the domestic market has grown by roughly 20% in the last five years with polyethylene (PE) and polypropylene (PP) being the main resins commercialised, Adirplast said.

($1 = R 1.57)

For more information on PE and PP, visit ICIS chemical intelligence

By: Hellen Berger
+1 713 525 2653

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.

Printer Friendly